South Dakota town hit by 1,500% increase in property values

SIOUX FALLS, S.D. (KELO) — Recent housing and land sales in Mellette County have county officials alerting residents about rising assessed land values. Haley Gallant, Mellette County’s director of equalization, told taxpayers in a Dec. 29, 2025 letter she will have to increase assessed values in the town of Wood, S.D., by 1,500%. "We have [...]