Home prices
De Smet's median home value is $106,600. Compared to its surrounding areas this is about $36,380 (51%) higher.In comparison to the US as a whole it is about $110,900 (50%) lower, and in comparison to the city of Sioux Falls it is about $83,200 (43%) lower.
Rents
De Smet's median rent is $375 per month. Compared to the surrounding areas it is approximately $191 (33%) lower.It is roughly $687 (64%) lower in comparison to the rest of the country, and in comparison to the city of Sioux Falls is roughly $452 (54%) lower.
Nearby places
Lake Preston
Lake Preston is about 7 miles east from De Smet. Its real estate prices are substantially less expensive. The median home in Lake Preston is valued at $73,800, which works out to $32,800 (44%) lower than De Smet. Rent there is somewhat more expensive. Lake Preston's median rent is $440 per month, which works out to $65 (14%) higher than De Smet.
Iroquois
Iroquois is approximately 12 miles west of De Smet. Housing prices there are similar. The median home in Iroquois costs $107,000, which is very similar to De Smet. Its rents are a little more expensive. The median monthly rent in Iroquois is $420, which is $45 (10%) higher than De Smet.
Bryant
Bryant is approximately 13 miles north from De Smet. Real estate prices there are somewhat less expensive. The median home in Bryant costs $83,200, which is $23,400 (28%) lower than De Smet. Rents there are a little more expensive. The median monthly rent in Bryant is $515, which works out to $140 (27%) higher than De Smet.
Oldham
Oldham is approximately 14 miles southeast from De Smet. Housing prices there are substantially less expensive. The cost of the median home in Oldham is $37,100, which comes out to $69,500 (187%) lower than De Smet. Rent there is somewhat more expensive. The median rent in Oldham is $525 per month, which comes out to $150 (28%) higher than De Smet.
Carthage
Carthage is about 15 miles southwest from De Smet. The real estate prices there are a lot less expensive. Carthage's median home value is $50,000, which works out to $56,600 (113%) lower than De Smet. Rent there is significantly more expensive. In Carthage the median monthly rent is $930, which works out to $555 (59%) higher than De Smet.