Find USDA Eligible Properties in Pennington County


SD State Flag  Pennington County Seal

Realtors in Pennington browse list of realtors working in Pennington County
Pennington county has 2 usdaproperties.com realtors ready to help with your search!

March Featured Agents
Matt Stewart   from   Keller Williams Realty Black Hills
Kevin Schilling   from   Black Hills Brokerage

USDAProperties Agent Contact Page Contact an Agent for Help  

Looking to buy in Pennington County, South Dakota?

There are 766 USDA backed residential loans in Pennington county with an average loan balance of $150,348. Over 78% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $152,627. On average the rural home size purchased with this loan was approximately 1,154 SqFt. Pennington county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.

The size of Pennington County is roughly 7,212 square kilometers. USDA defined regions of rural loan ineligibility in Pennington cover 155 square kilometers of the county. Approximately 2.2% of Pennington County is ineligible for traditional USDA home loans. The influence score for Pennington County is 2. Look below for the interactive county level map illustration below for more details.


Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.

Start your search for USDA loan eligible properties in the cities of Pennington County, SD   Pennington QR code
* cities most likely to have USDA loan eligible properties for sale.

Ajax   •   *Ashland Heights   •   Big Bend   •   *Box Elder   •   Caputa   •   *Colonial Pine Hills   •   Conata   •   Creighton   •   Creston   •   Deerfield   •   Farmingdale   •   Five Points   •   Gossage Memorial   •   *Green Valley   •   Harney   •   *Hill City   •   Hisega   •   Imlay   •   *Johnson Siding   •   Kennedyville   •   *Keystone   •   Mawl Springs   •   McGee   •   Merritt   •   Murphy   •   Myersville   •   Mystic   •   *New Underwood   •   Oreville   •   Owanka   •   Pedro   •   *Quinn   •   Rapid City   •   *Rapid Valley   •   Redfern   •   Reno   •   Rochford   •   Rockerville   •   Scenic   •   Schaeferville   •   Silver City   •   Stratosphere Bowl   •   Tigerville   •   *Wall   •   Warbonnet   •   *Wasta   •   Wicksville

A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Pennington County.

Interested in the geographic boundaries that define USDA Loan eligibility?
View the detailed USDA boundaries and read about general conditions of
Pennington County, South Dakota
USDA Boundary Details
.

Pennington County, located in the great state of South Dakota, was established on January 11, 1875. It was named after John L. Pennington, a former governor of the Dakota Territory. The county is situated in the southwest region of South Dakota and encompasses an area of about 2,784 square miles.

Rapid City, the county seat and the second-largest city in South Dakota, was founded in 1876 during the Black Hills Gold Rush. It rapidly gained importance as a regional center for trade and services. Today, Rapid City is the main gateway to Mount Rushmore, a prominent United States attraction.

The history of Pennington County is closely tied to the legacy of gold mining in the Black Hills, as this area was the epicenter of the last big gold rush in the United States, starting in 1874. Conflict between American Indians, settlers, and the government emerged over the mining activities in this region, culminating in the Black Hills War (1876-1877).

One fun fact about Pennington County is that it's home to the famous Mount Rushmore National Memorial. This massive sculpture features the faces of four prominent US presidents - George Washington, Thomas Jefferson, Theodore Roosevelt, and Abraham Lincoln - carved into the granite face of the mountain, symbolizing the growth and expansion of the United States throughout its early history.


Featured Cities of South Dakota
Colonial_Pine_Hills Conata
Featured Properties from USDA Loan Eligible Regions of Pennington County