The story of this market
The typical home in ZIP 57226 sells for about $271,900, or $109 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $668 a month.
ZIP 57226 — Clear Lake
The housing market in 57226 remains stable with low inventory and modest price appreciation. Demand is driven by local residents and those seeking a rural lifestyle, with limited new construction keeping the market balanced.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with a low cost of living and strong community ties.
Median prices moved up 2.1% year over year.
Homes spend a median of 120 days on market with 6.2 months of supply — a slower-moving 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 2.6% · poverty 11.3% — 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 7.2%/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 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57226, Deuel County SD
Crime rates in Clear Lake are consistently low, reflecting the rural character of Deuel County and remaining well below both state and national averages.
The area is served by the Deuel School District, which is generally regarded as providing a stable, community-focused educational environment typical of rural South Dakota.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily localized to low-lying areas near regional lakes.
Economic momentum is driven by the agricultural sector and local small businesses, with limited large-scale industrial development currently underway.
Property taxes are assessed at the county level based on market value; South Dakota does not impose a state personal income tax, which benefits local residents.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs like Watertown for employment and major services.
The area offers access to outdoor activities including fishing and boating on local lakes, with community parks and basic shopping available within the city limits.
The rental market is tight with limited inventory, primarily serving local workers and those seeking affordable housing options in a rural setting.
The economy is heavily anchored by agriculture, livestock production, and local government services, with a stable employment base.
Transportation is dominated by private vehicle use on state highways; there is no public transit infrastructure.
Development is focused on maintaining existing infrastructure with no major large-scale commercial projects currently approved.
The Deuel County Director of Equalization manages property assessments, ensuring valuations align with state-mandated market value standards.
Parcels are subject to Deuel School District taxes and local municipal levies for city services.
Property insurance premiums are influenced by regional weather patterns, including hail and wind risk, which are common in eastern South Dakota.
Net domestic migration is stable, with a slight trend of residents moving to regional employment centers.
South Dakota is a judicial foreclosure state, requiring court action to initiate the foreclosure process.
Sellers are required to provide a property condition disclosure statement to buyers, detailing known material defects.
Data retrieved from data.census.gov ZCTA 57226 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.
Local community park providing green space and recreational facilities.
Preserves local history and heritage of the Deuel County region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.