Land and home values in McPherson County, South Dakota
McPherson County (rural) covers 1,137 square miles and 1 census tracts. Residential land is about $0.55 per sq ft at the county median, from $0.55 in its most rural tracts to $0.55 in its most valuable. The typical home is worth about $92,700 and a 2-bedroom rents for about $1,090 a month, as of October 12, 2026.
Open on the satellite mapAll of South DakotaCounty values
| Land: residential | $0.55 | per sq ft |
| Land: residential | $24,045 | per acre |
| Land: quarter-acre lot | $6,011 | 10,890 sq ft |
| Land: farmland | $3,100 | per acre |
| Home: typical (median) | $92,700 | value |
| Home: entry-level | $57,200 | lower quartile |
| Home: upper-end | $161,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $890 | per month |
| Rent: 2-bedroom | $1,090 | per month |
| Rent: 3-bedroom | $1,430 | per month |
| Rent: 4-bedroom | $1,740 | per month |
| Gross yield, 2-bed | 14.1% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Farmland | 1 | $0.55 | $92,700 | $1,090 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Spring Creek Colony | Community | $5.66 | $221,000 |
| Long Lake Colony | Community | $2.75 | $219,000 |
| Wetonka | Town | $2.41 | $206,000 |
| Grassland Colony | Community | $1.94 | $181,000 |
| Eureka | Town | $0.84 | $84,700 |
| Hillsview | Town | $0.84 | $126,000 |
| Leola | Town | $0.82 | $70,800 |
| Long Lake | Town | $0.55 | $46,900 |
Questions people ask
How much is land worth in McPherson County, SD?
Residential land in McPherson County, SD is about $0.55 per square foot, or $24,045 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $6,011. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in McPherson County, SD?
The typical (median) home in McPherson County, SD is worth about $92,700, with entry-level homes around $57,200 and upper-end homes around $161,000, as of October 2026.
How much is rent in McPherson County, SD?
A 2-bedroom rents for about $1,090 a month in McPherson County, SD, a 1-bedroom about $890 and a 3-bedroom about $1,430 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in McPherson County, SD?
Farmland averages about $3,100 an acre in McPherson County, SD (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.