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Peever

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

Median Home$200,700
Median Rent$668/month
Population174
Leading IndustriesConstruction · Retail4% construction
Home Value Growth⬆⬆⬆+23.7% over 2 years
Family-Friendly28% of residentswell above average
Homeowners63% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Peever
SD

Frequently Asked Questions

What are today's mortgage rates in Peever?

As of today, the 30-year fixed mortgage rate for Peever is approximately 6.821% (6.854% 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 Peever?

The median home value in Peever is $201k. The median monthly rent is $668. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Peever?

Home values in Peever have increased 23.7% over the past two years. This indicates a strong appreciation trend. 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 Peever?

Based on a typical all-in ownership cost of $700/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Peever is $62k/year.

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What industries drive the economy in Peever?

The largest employment sectors in Peever are public administration (22%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.