Mortgage payment estimates, closing cost breakdowns, and homebuying data for Sturgis, South Dakota.
Pre-filled with Sturgis median home price and South Dakota tax/insurance rates. Adjust for your property.
Estimated closing costs based on South Dakota rates and fees applied to Sturgis prices.
The median home price in Sturgis is $275,000, 7% below the South Dakota state median of $295,000. With a population of 7,094, Sturgis is a smaller market where home prices tend to be more accessible than in many parts of South Dakota.
Property taxes in South Dakota average 1.22% annually. This moderate property tax rate means a $275,000 home in Sturgis would carry roughly $280/month in property taxes. Homeowners insurance in South Dakota runs approximately $2,300 per year. This is within the normal range nationally.
Average rent in Sturgis is $980/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Sturgis presents moderate affordability. The $275K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.