3 homes sold in Timber Lake in the last year, at a typical $87K
Almost every sale is a house. Below: a shortcut to every site where Timber Lake homes are listed.
Every place Timber Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Timber Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Owning the typical Timber Lake home costs about $561 a month
Price: Timber Lake’s typical sale, last 12 months. Property tax at Timber Lake’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Timber Lake is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $87K home, about $1,280 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Timber Lake.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Timber Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Timber Lake. People who follow the town see it, and so do people comparing Timber Lake with their own town. No commission, no listing fee.
Questions about buying a home in Timber Lake
What do homes sell for in Timber Lake, SD?
3 homes sold in the year to July 2026 at a typical $87K, $98 a square foot.
How much are property taxes in Timber Lake?
About 1.5% of a home’s value a year. On a $87K home that’s near $1,280.
Where can I see homes for sale in Timber Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Timber Lake’s MLS listings; the search links above open each one filtered to Timber Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).