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Buying a home in Conde, South Dakota

The typical owner-occupied home in Conde is worth about $51,000, 80% below the South Dakota median of $257,400 and 85% below the national median of $332,700. Owners pay a median $1,047 a year in property taxes, about 2.05% of their home's value, higher than the South Dakota rate of 1.06%. The median household earns $73,571 a year, so the median home costs 0.7 times the median income (3.4 times for South Dakota). 99% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.

Conde at a glance

Conde South Dakota U.S.
Median home value $51,000 $257,400 $332,700
Median property tax paid per year $1,047 $2,724 $3,119
Property tax as a share of value 2.05% 1.06% 0.94%
Median household income $73,571 $75,081 $80,734
Homes lived in by their owners 99% 69% 65%
Owner homes with a mortgage 24% 54% 61%
Median monthly costs, owners with a mortgage $1,125 $1,680 $1,963
Those costs as a share of the owners' income 14.4% 20.4% 21.0%
Median rent – $946 $1,413
Median year homes were built 1938 1980 1980
Vacant homes 26.9% 10.5% 10.1%
Population 128 907,428 334,922,499

What a typical home costs per month in Conde

At this week's average 30-year rate of 7.11%, buying the median Conde home of $51,000 with 20% down costs about $383 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $468, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $16,407 for the 20%-down payment. That payment is 6% of the median Conde household income of $73,571; at that income and 20% down, the 28% guideline points to a home of about $229,000.

20% down, 30-year conventional loan
Down payment$10,200
Loan amount$40,800
Principal and interest$274
Property taxes (2.05% a year)$87
Homeowners insurance (our estimate, 0.5% a year)$21
PMI$0
Total per month$383

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3.5% down, 30-year FHA loan
Down payment$1,785
Loan amount$50,076
Principal and interest$337
Property taxes (2.05% a year)$87
Homeowners insurance (our estimate, 0.5% a year)$21
FHA mortgage insurance$23
Total per month$468

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Questions about home buying in Conde

What is the median home value in Conde?

About $51,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Conde?

Homeowners pay a median $1,047 a year, which is about 2.05% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Conde?

For the median home with 20% down at 7.11%, the payment is about $383 a month. Keeping that under 28% of gross income takes about $16,407 a year.

More about Conde

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data