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Verdon

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

Median Home$223,600
Median Rent$1,002/month
Population3
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance9% construction
Home Value Growth⬆⬆⬆+33.0% over 2 years
Retirees26% of residentsabove average nationally
NotableHigh Incomes$101k/year · top 17% nationally
Verdon
SD

Frequently Asked Questions

What are today's mortgage rates in Verdon?

As of today, the 30-year fixed mortgage rate for Verdon 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 Verdon?

The median home value in Verdon is $224k. The median monthly rent is $1,002. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Verdon?

Home values in Verdon have increased 33.0% 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 Verdon?

Based on a typical all-in ownership cost of $1,079/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Verdon is $101k/year.

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What industries drive the economy in Verdon?

The largest employment sectors in Verdon are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.