Total monthly cost of ownership
Cost to Own a Home in Eagle Butte, South Dakota
A $52,000 home here costs
$603per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $267. The real number is $335 higher every month — 125% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Eagle Butte against Dewey County and South Dakota
| Measure | Eagle Butte | Dewey County |
|---|---|---|
| Median home value | $51,500 | $75,400 |
| Median property tax | $700 | $1,009 |
| Effective tax rate | 1.359% | 1.338% |
| Median gross rent | $628 | $714 |
| Population | 1,492 | 5,230 |
Eagle Butte extends across 2 counties. Figures here use Dewey County, where most of its housing sits.
The weather behind that power bill
Eagle Butte sits in Dewey County, which averages a high of 87.4°F in its hottest month and a low of 6.4°F in its coldest, with 17.99" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 812 cooling and 7,549 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Dewey County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dewey County
Full Dewey County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Eagle Butte?
A $52,000 home in Eagle Butte, South Dakota costs approximately $603 per month with 20% down at 6.66%. That is $267 principal and interest, $59 property tax, $24 homeowners insurance, $209 utilities and $43 set aside for maintenance.
What is the property tax rate in Eagle Butte?
Eagle Butte has an effective property tax rate of 1.359%, based on a median home value of $51,500 and median real estate taxes of $700. That is higher than the Dewey County average of 1.338%.
What is the average home price in Eagle Butte?
The median owner-occupied home value in Eagle Butte, South Dakota is $51,500, against $75,400 across Dewey County.
Is it cheaper to rent or buy in Eagle Butte?
Median gross rent in Eagle Butte is $628 a month, against $603 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Eagle Butte — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South Dakota.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.