Beresford: Housing & Real Estate
Beresford homes sell at a median $234,400 (estimated market value runs 16% higher at $271,931), with median rent $914 (1.2× below Union County median $1,069; about the same as South Dakota median $946). Homeownership rate: 80.4%. That's 1.3× below the Union County median ($301,100); 1.1× below the South Dakota median ($257,400). Market is warm. Vacancy rate 9.1%. New construction makes up 17.2% of stock. 2 nursing facilities on file. A municipal building code is in effect.
- 3.0× annual income — home value vs. household income (vs South Dakota 4.0×).
- 21.4 years to break even renting at the median (vs South Dakota 24y).
- 4-BR rent is 2.2× a studio — rent gradient by unit size.
- Median rent 20% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $234,400 — 0.8× the South Dakota median ($280,300). Median rent $914/month. homeownership rate 80.4% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 3.0× |
|---|---|
| Affordability · Rent To Income Pct | 13.9% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | affordable |
| Fair Market Rent · Studio rent | $865 (at South Dakota median) |
| Fair Market Rent · One-bedroom rent | $986 (vs South Dakota $970) |
| Fair Market Rent · Two-bedroom rent | $1,156 (at South Dakota median) |
| Fair Market Rent · Three-bedroom rent | $1,586 (at South Dakota median) |
| Fair Market Rent · Four-bedroom rent | $1,939 (at South Dakota median) |
| Fair Market Rent · HUD FMR area | Sioux Falls, SD HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $271,931 |
| Median Home Value | $234,400 (vs South Dakota $280,300) |
| Median Rent | $914 (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 | 9.1% |
| Housing Market · New construction (% of stock) | 17.2% |
| Housing Market · Price Appreciation 2Yr | 6.6% |
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 (2)
| 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 | 100.0% (vs South Dakota 78.4%) |
| Broadband · Broadband-capable premises | 1,321 |
| 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 | 1.000000000 (at South Dakota median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 1 |
|---|---|
| Ev Charging · Public Stations | 1 |
| Ev Charging · L2 Ports | 1 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 80.4% (vs South Dakota 62.2%) |
|---|---|
| Median Year Built | 1973 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12