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Canistota

Learn about the people, housing, costs and businesses in Canistota, South Dakota

Median Home$201,900
Median Rent$825/month
Population641
Leading IndustriesTransportation · Construction · Agriculture & Mining5% transportation
Home Value Growth-6.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners82% of occupied units
Canistota
SD

Frequently Asked Questions

What are today's mortgage rates in Canistota?

As of today, the 30-year fixed mortgage rate for Canistota is approximately 6.999% (7.039% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Canistota?

The median home value in Canistota is $202k. The median monthly rent is $825. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canistota?

Home values in Canistota have decreased 6.3% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Canistota?

Based on a typical all-in ownership cost of $1,014/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Canistota is $83k/year.

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What industries drive the economy in Canistota?

The largest employment sectors in Canistota are public administration (20%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.