Home prices
The median home in Pipestone is valued at $84,300. This is about $8,740 (11%) higher compared to the surrounding areas.It is approximately $133,200 (61%) lower compared to the United States as a whole, and in comparison to the city of Sioux Falls is about $105,500 (55%) lower.
Rents
The median monthly rent in Pipestone is $534. Compared to nearby areas this is roughly $102 (16%) lower.Compared to the rest of the country it is approximately $528 (49%) lower, and in comparison to the city of Sioux Falls is about $293 (35%) lower.
Nearby places
Holland
Holland is roughly 7 miles northeast from Pipestone. Its housing prices are substantially less expensive. The median home in Holland costs $56,300, which is $28,000 (49%) lower than Pipestone. Rents there are somewhat more expensive. Holland's median monthly rent is $563, which comes out to $29 (5%) higher than Pipestone.
Jasper
Jasper is approximately 10 miles south of Pipestone. Housing prices there are significantly less expensive. The median home in Jasper is valued at $56,700, which comes out to $27,600 (48%) lower than Pipestone. Rent there is somewhat more expensive. In Jasper the median rent is $760 a month, which comes out to $226 (29%) higher than Pipestone.
Edgerton
Edgerton is roughly 10 miles southeast from Pipestone. Housing prices there are somewhat more expensive. The median home in Edgerton is valued at $96,900, which works out to $12,600 (13%) higher than Pipestone. Its rents are a little more expensive. In Edgerton the median rent is $761 a month, which comes out to $227 (29%) higher than Pipestone.
Flandreau
Flandreau is about 12 miles west of Pipestone. Housing prices there are a bit more expensive. The median home in Flandreau is valued at $100,800, which comes out to $16,500 (16%) higher than Pipestone. The rent there is fairly similar. In Flandreau the median rent is $533 per month, which is very similar to Pipestone.
Egan
Egan is approximately 14 miles west of Pipestone. The real estate prices there are a little less expensive. The value of the median home in Egan is $67,100, which is $17,200 (25%) lower than Pipestone. Its rents are a little more expensive. In Egan the median rent is $563 a month, which works out to $29 (5%) higher than Pipestone.
