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Ravinia

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

Median Home$157,400
Median Rent$725/month
Population66
Leading IndustriesPublic Administration · Construction · Agriculture & Mining30% public administration
Home Value Growth⬆⬆+17.0% over 2 years
Family-Friendly38% of residentstop 1% nationally
Homeowners71% of occupied units
NotableAffordable Market$157k median home · lower cost than 71% of the country
Ravinia
SD

Frequently Asked Questions

What are today's mortgage rates in Ravinia?

As of today, the 30-year fixed mortgage rate for Ravinia is approximately 6.998% (7.038% 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 Ravinia?

The median home value in Ravinia is $157k. The median monthly rent is $725. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ravinia?

Home values in Ravinia have increased 17.0% 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 Ravinia?

Based on a typical all-in ownership cost of $657/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ravinia is $57k/year.

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What industries drive the economy in Ravinia?

The largest employment sectors in Ravinia are public administration (30%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.