The story of this market
The typical home in ZIP 57275 sells for about $185,000, or $112 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 57275
The housing market in 57275 is characterized by low inventory and slow, steady price appreciation. Market activity is limited by the rural nature of the area, with demand primarily driven by local residents rather than speculative investment.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and a strong sense of community.
Median prices moved up 2.4% year over year.
Homes spend a median of 84 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.5% — 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 5.4%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57275, Day County SD
Crime rates in this rural South Dakota area are consistently low, with incidents significantly below both state and national averages.
The area is served by local public school districts that maintain small class sizes and are generally well-regarded for community engagement.
The region faces moderate risks from severe thunderstorms and winter weather, with standard insurance coverage typically available for residential properties.
Economic momentum is driven primarily by regional agriculture and local service sectors, with limited large-scale industrial development.
Property taxes are assessed at the county level based on market value, with agricultural land often qualifying for special valuation exemptions.
Commutes are primarily local, with most residents driving to nearby towns for employment and essential services.
The area offers access to open prairie landscapes, local parks, and nearby fishing and hunting opportunities.
The rental market is limited in depth, with low turnover and a reliance on single-family homes rather than multi-family complexes.
The local economy is heavily anchored by agricultural production and small-scale retail services.
Transportation is entirely dependent on private vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently in the pipeline for this area.
The Day County Director of Equalization manages property assessments based on annual market analysis.
Parcels are subject to local school district taxes and county-wide emergency service levies.
Property insurance remains stable, though premiums are influenced by regional weather-related risk factors.
Data retrieved from data.census.gov 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.
Popular local destination for fishing and boating.
Provides community space and outdoor recreation facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.