Housing Market in Tea

Tea's housing market runs genuinely strong appreciation, consistent with the town's dramatic population growth.

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Strong, current appreciation

Tea's median home price ran approximately $338,000 (~$164/sqft), up approximately 5.8% year-over-year.

Among the strongest Sioux Falls-suburb growth rates

Tea's appreciation rate was cited as one of the strongest among Sioux Falls suburbs, reflecting real, sustained demand.

A modest premium over the state average

Tea's prices run modestly above South Dakota's own ~$319,894 statewide average home value, though still below the national comparison figure.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.