The story of this market
The typical home in ZIP 57323 sells for about $150,000, or $105 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 57323 — Carthage
The housing market in 57323 is characterized by low volume and high stability, typical of a rural South Dakota agricultural community. Prices remain affordable compared to national averages, driven by limited inventory and a small, aging population base. Market activity is minimal, with very few sales occurring annually.
This ZIP is best suited for those seeking a quiet, low-cost rural lifestyle, specifically agricultural workers or retirees looking for affordability.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 6.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 16.7% — 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 6.5%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57323, Miner County SD
The area is served by the Sanborn Central School District, which provides rural public education for the region.
The region is subject to standard Midwestern weather risks including severe thunderstorms and winter weather; flood risk is generally low in this upland prairie setting.
The local economy is primarily driven by agriculture and small-scale local services with limited industrial or corporate development momentum.
Property taxes are assessed at the county level by Miner County based on agricultural and residential valuations; there are no local municipal income taxes.
Commutes are primarily local or toward regional hubs like Mitchell, SD, via state highways; public transit is not available.
Recreation is centered on rural outdoor activities, local parks in Carthage, and proximity to regional hunting and fishing areas.
The rental market is extremely limited with low turnover and minimal institutional investor presence.
The economy is heavily reliant on the agricultural sector, including crop production and livestock, with support from local retail and government services.
Transportation is entirely dependent on private vehicles via state and county road networks.
There are no major commercial or residential developments currently approved or under construction in this rural ZIP.
Miner County Assessor manages property valuations based on annual market analysis and state-mandated agricultural land formulas.
Parcels are subject to Sanborn Central School District taxes and Miner County general levies.
Property insurance is available but premiums are sensitive to regional severe weather and hail risk common in South Dakota.
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.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.