The story of this market
The typical home in ZIP 57348 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 108 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $738 a month.
ZIP 57348 — Hitchcock
The housing market in 57348 is characterized by low inventory and slow turnover, typical of a rural South Dakota community. Prices have seen modest appreciation, but the limited number of closed sales suggests a quiet market with little speculative pressure.
Median prices moved up 3.2% year over year.
Homes spend a median of 108 days on market with 6.5 months of supply — a slower-moving market.
7% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 3.4% — 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
ZCTA 57348, Beadle County SD
Data retrieved from data.census.gov ZCTA 57348 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.