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Buying a home in Northville, South Dakota

The typical owner-occupied home in Northville is worth about $150,000, 42% below the South Dakota median of $257,400 and 55% below the national median of $332,700. Owners pay a median $1,469 a year in property taxes, about 0.98% of their home's value, lower than the South Dakota rate of 1.06%. The median household earns $105,000 a year, so the median home costs 1.4 times the median income (3.4 times for South Dakota). 100% of occupied homes here are lived in by their owners, and 73% of those owners still have a mortgage.

Northville at a glance

Northville South Dakota U.S.
Median home value $150,000 $257,400 $332,700
Median property tax paid per year $1,469 $2,724 $3,119
Property tax as a share of value 0.98% 1.06% 0.94%
Median household income $105,000 $75,081 $80,734
Homes lived in by their owners 100% 69% 65%
Owner homes with a mortgage 73% 54% 61%
Median monthly costs, owners with a mortgage $1,516 $1,680 $1,963
Those costs as a share of the owners' income 15.0% 20.4% 21.0%
Median rent – $946 $1,413
Median year homes were built 1976 1980 1980
Vacant homes 0.0% 10.5% 10.1%
Population 153 907,428 334,922,499

What a typical home costs per month in Northville

At this week's average 30-year rate of 7.11%, buying the median Northville home of $150,000 with 20% down costs about $992 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,242, 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 $42,525 for the 20%-down payment. That payment is 11% of the median Northville household income of $105,000; at that income and 20% down, the 28% guideline points to a home of about $370,000.

20% down, 30-year conventional loan
Down payment$30,000
Loan amount$120,000
Principal and interest$807
Property taxes (0.98% a year)$122
Homeowners insurance (our estimate, 0.5% a year)$62
PMI$0
Total per month$992

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3.5% down, 30-year FHA loan
Down payment$5,250
Loan amount$147,283
Principal and interest$991
Property taxes (0.98% a year)$122
Homeowners insurance (our estimate, 0.5% a year)$62
FHA mortgage insurance$66
Total per month$1,242

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Questions about home buying in Northville

What is the median home value in Northville?

About $150,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Northville?

Homeowners pay a median $1,469 a year, which is about 0.98% 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 Northville?

For the median home with 20% down at 7.11%, the payment is about $992 a month. Keeping that under 28% of gross income takes about $42,525 a year.

More about Northville

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