The story of this market
The typical home in ZIP 57346 sells for about $165,000, or $112 per square foot.
Prices are up +3.2% 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 $850 a month.
ZIP 57346 — Iroquois
The housing market in 57346 remains stable with low inventory and modest price appreciation driven by local demand. Sales volume is limited by the rural nature of the geography, resulting in a balanced market where properties typically stay on the market for several months.
This ZIP is best suited for families and individuals seeking a quiet, affordable rural lifestyle with a strong sense of community and low cost of living.
Median prices moved up 3.2% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
12% 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 0.0% · poverty 0.0% — 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 4.1%/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 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 57346, Hand County SD
Crime rates in this rural South Dakota area are significantly lower than the national average, with property and violent crime incidents remaining infrequent.
Schools serving this area are part of the local public school district, generally characterized by small class sizes and community-focused educational environments.
The area 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 assessments.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs for employment and major services.
Local recreation includes access to regional parks, community sports fields, and proximity to rural outdoor activities like fishing and hunting.
The rental market is limited in depth, consisting mostly of single-family homes and small multi-family units with low turnover.
The economy is heavily anchored by the agricultural sector, including crop production and livestock, supported by local retail and public services.
Transportation is dominated by regional highway access; there is no public transit infrastructure.
Development is focused on small-scale residential maintenance and agricultural infrastructure improvements.
The Hand County Director of Equalization manages property assessments based on annual market analysis.
Parcels are subject to local school district taxes and county-wide levies for emergency services and road maintenance.
Property insurance premiums are stable, reflecting the low-density environment and lack of major urban hazard exposure.
The state experiences modest net domestic migration, with rural areas seeing stable population levels.
South Dakota is a judicial foreclosure state, requiring court action to complete the foreclosure process.
Sellers are required to provide a property condition disclosure statement to buyers regarding known material defects.
Data retrieved from data.census.gov ZCTA 57346 profile.
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.
Provides local green space and community gathering areas.
Serves as a central community resource for the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.