Lake Poinsett: Housing & Real Estate
Housing in Lake Poinsett centers on a median value of $493,200 (estimated market value runs 7% higher at $528,726), with median rent $-666,666,666. Homeownership rate: 100.0%. That's 2.4× higher than the Hamlin County median ($208,600); 1.9× higher than the South Dakota median ($257,400). Market is warm. Vacancy rate 73.9%. New construction makes up 23.7% of stock. A municipal building code is in effect.
- 5.1× annual income — home value vs. household income (vs South Dakota 4.0×).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $493,200 — 1.8× the South Dakota median ($280,300). Median rent $-666,666,666/month. homeownership rate 100.0% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 5.1× |
|---|---|
| Affordability · Interpretation | expensive |
| Fair Market Rent · Studio rent | $776 (vs South Dakota $865) |
| Fair Market Rent · One-bedroom rent | $781 (vs South Dakota $970) |
| Fair Market Rent · Two-bedroom rent | $953 (vs South Dakota $1,156) |
| Fair Market Rent · Three-bedroom rent | $1,325 (vs South Dakota $1,586) |
| Fair Market Rent · Four-bedroom rent | $1,599 (vs South Dakota $1,939) |
| Fair Market Rent · HUD FMR area | Brookings County, SD |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $528,726 |
| Median Home Value | $493,200 (vs South Dakota $280,300) |
| Median Rent | $-666,666,666 (vs South Dakota $983) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 73.9% |
| Housing Market · New construction (% of stock) | 23.7% |
| Housing Market · Price Appreciation 2Yr | 10.4% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at South Dakota median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at South Dakota median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at South Dakota median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 99.2% (vs South Dakota 78.4%) |
| Broadband · Broadband-capable premises | 957 |
| Electricity · Electricity rate (¢/kWh) | 12.86¢/kWh |
| Electricity · Customers | 433548 |
| Electricity · Revenue Millions | $665 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at South Dakota median) |
| Mobile Broadband · 5G mobile coverage | 0.993023256 (at South Dakota median) |
| Mobile Home Parks Detail · County total | 14 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 100.0% (vs South Dakota 62.2%) |
|---|---|
| Median Year Built | 1987 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12