Mortgage payment estimates, closing cost breakdowns, and homebuying data for Box Elder, South Dakota.
Pre-filled with Box Elder 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 Box Elder prices.
The median home price in Box Elder is $285,000, roughly in line with the South Dakota state median of $295,000. With a population of 11,030, Box Elder 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 $285,000 home in Box Elder would carry roughly $290/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 Box Elder is $1,050/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.
Box Elder presents moderate affordability. The $285K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.