The story of this market
The typical home in ZIP 57025 sells for about $303,000, or $171 per square foot.
Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 57025 — Elk Point
The housing market in 57025 remains stable with modest price appreciation and balanced inventory levels. Growth is primarily driven by its role as a bedroom community for the Sioux City metro area, though the market lacks the high-velocity turnover seen in larger urban centers.
This ZIP is best suited for local families and commuters working in the Sioux City area who prioritize a lower cost of living and a small-town environment over urban amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 6.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57025, Union County SD
The area is served by the Elk Point-Jefferson School District, which maintains a stable reputation within the local community.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional flooding near the Big Sioux and Missouri River corridors.
Economic momentum is driven by proximity to the Sioux City metropolitan area, with local employment anchored by small-scale manufacturing and regional services.
Property taxes are assessed at the county level in Union County, South Dakota, based on the market value of the property; South Dakota does not impose a state personal income tax.
Residents primarily commute via I-29, providing direct access to the Sioux City employment hub within approximately 15-20 minutes.
Local amenities include Point Park and proximity to the Missouri River for outdoor activities, with basic shopping and dining options located within the city of Elk Point.
The rental market exhibits moderate vacancy pressure with stable demand from local workers, though investor activity remains limited compared to larger urban centers.
The economy is largely supported by the agricultural sector, regional manufacturing, and service-based businesses serving the broader Union County area.
Transportation is heavily reliant on private vehicles, with I-29 serving as the primary arterial highway connecting the area to regional employment centers.
Development is currently focused on small-scale residential infill and maintenance of existing infrastructure.
The Union County Director of Equalization manages property assessments, ensuring valuations align with state-mandated market value standards.
Parcels are subject to standard county and municipal tax levies, with no significant MUD or PID districts reported.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail, typical of the Great Plains.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park offering green space and recreational facilities.
Provides regional access for boating, fishing, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.