The story of this market
The typical home in ZIP 57332 sells for about $215,000, or $138 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $675 a month.
ZIP 57332 — Emery
The housing market in ZIP 57332 remains stable with low inventory and modest price appreciation, reflecting the slow-paced nature of this rural South Dakota community. Market activity is driven by local demand rather than speculative investment, resulting in a balanced environment for buyers and sellers.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and a strong sense of community, rather than those requiring proximity to urban amenities.
Median prices moved up 4.2% year over year.
Homes spend a median of 82 days on market with 7.0 months of supply — a slower-moving market.
7% 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 0.2% · poverty 4.5% — 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 6.2%/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 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57332, Hanson County SD
Crime rates in Emery are significantly lower than the national average, with the area experiencing very low levels of violent and property crime consistent with rural South Dakota trends.
The area is served by the Hanson School District, which is generally characterized by small class sizes and a strong community-focused educational environment.
The region faces moderate risks from severe thunderstorms and high winds, with standard flood risks primarily confined to low-lying areas near local creeks.
Economic momentum is driven by the local agricultural sector and small-scale commercial services, with limited large-scale industrial development.
Property taxes are assessed at the county level by Hanson County, utilizing a market-value assessment system with standard exemptions for owner-occupied primary residences.
Commutes are primarily car-dependent, with residents typically driving to nearby employment hubs like Mitchell or Sioux Falls via regional highway corridors.
Local recreation centers on community parks and nearby rural outdoor spaces, with limited large-scale shopping or entertainment venues within the immediate 3-mile radius.
The rental market is characterized by low inventory and high stability, with limited turnover and minimal presence of short-term rental platforms.
The local economy is heavily anchored by agriculture and agribusiness, supported by small-town retail and service businesses.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available in the area.
There are no major large-scale commercial or residential developments currently approved or under construction in the ZIP.
Hanson County utilizes a mass appraisal system to determine property values for tax purposes, updated annually based on market sales data.
Parcels are subject to standard county and school district levies, with no significant MUD or PID special districts identified.
Property insurance premiums are generally stable, though coverage for wind and hail damage is a standard consideration for homeowners in this region.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 57332.
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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.