South Dakota mortgage rates are currently 4.92% — at or below the national average of 5.0%. Rates are primarily driven by Fed policy and 10-year Treasury yields, with slight local variation. Data as of January 2026.
30-year fixed mortgage rate. Source: Freddie Mac Primary Mortgage Market Survey.
ℹ️ Public Data Data sourced from Freddie Mac Primary Mortgage Market Survey. Last updated January 2026.
| Metric | South Dakota | National Avg |
|---|---|---|
| Cost of Living | Rank #35 / 50 | Rank #25 |
| Estate Planning Costs | $800-$2,000 | $1,000-$3,000 |
| Financial Advisor Costs | $150-$250/hr | $200-$300/hr |
| Income Tax Rates | No income tax | 5.0% |
| Mortgage Rates | 4.92% | 5.0% |
| Savings Rates | 1.20% APY | 1.2% APY |
| Tax Preparation Costs | $150–$350 | $220 |
Data as of January 2026. Sources: Freddie Mac, FDIC, Tax Foundation, MERIC.
| State | Mortgage Rates |
|---|---|
| Alabama | 4.85% |
| Alaska | 5.00% |
| Arizona | 4.90% |
| Arkansas | 4.88% |
| California | 5.10% |
| Colorado | 5.05% |
| Connecticut | 5.20% |
| Delaware | 5.00% |
| Florida | 4.95% |
| Georgia | 4.92% |
| Hawaii | 5.30% |
| Idaho | 4.88% |
| Illinois | 5.05% |
| Indiana | 4.87% |
| Iowa | 4.90% |
| Kansas | 4.92% |
| Kentucky | 4.88% |
| Louisiana | 4.85% |
| Maine | 5.10% |
| Maryland | 5.15% |
| Massachusetts | 5.20% |
| Michigan | 4.95% |
| Minnesota | 5.10% |
| Mississippi | 4.82% |
| Missouri | 4.88% |
| Montana | 4.95% |
| Nebraska | 4.92% |
| Nevada | 4.90% |
| New Hampshire | 5.15% |
| New Jersey | 5.25% |
| New Mexico | 4.88% |
| New York | 5.20% |
| North Carolina | 4.92% |
| North Dakota | 4.90% |
| Ohio | 4.95% |
| Oklahoma | 4.88% |
| Oregon | 5.05% |
| Pennsylvania | 5.00% |
| Rhode Island | 5.15% |
| South Carolina | 4.90% |
| → South Dakota | 4.92% |
| Tennessee | 4.88% |
| Texas | 4.95% |
| Utah | 4.92% |
| Vermont | 5.15% |
| Virginia | 5.05% |
| Washington | 5.10% |
| West Virginia | 4.85% |
| Wisconsin | 5.00% |
| Wyoming | 4.90% |
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