The story of this market
The typical home in ZIP 57362 sells for about $147,600, or $78 per square foot.
Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $553 a month.
ZIP 57362 — Miller
The housing market in 57362 is characterized by low inventory and stable, modest pricing consistent with rural South Dakota trends. Market activity remains slow with limited turnover, reflecting a steady, non-speculative environment. Demand is primarily driven by local residents and agricultural sector needs.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle in central South Dakota with a low cost of living.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 5.9% — 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 2.8%/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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57362, Hand County SD
Local schools serve the rural Miller area with standard public education offerings.
The area is subject to standard Midwestern weather risks including wind and severe storms; flood risk is localized to specific drainage areas.
The local economy is primarily driven by agriculture and regional services with stable, slow-growth momentum.
Property taxes are assessed at the county level by Hand County based on market value; specific mill rates vary by local school district and municipal levies.
Commutes are primarily local within the Miller area; regional travel requires driving on state highways.
Recreation is centered on rural outdoor activities, local parks, and community-based sports facilities.
The rental market is limited with low turnover and primarily serves local workforce needs.
The economy is anchored by agricultural production, local government, and essential services.
Transportation is entirely dependent on private vehicles via state highway corridors.
No major large-scale commercial or residential developments are currently reported.
Hand County manages property assessments based on annual market value updates.
Parcels are subject to local school district and county-wide administrative levies.
Property insurance premiums are influenced by regional weather patterns and rural fire protection ratings.
South Dakota utilizes a non-judicial foreclosure process for mortgages containing a power of sale clause.
Sellers are required to provide a property condition disclosure statement to buyers.
Data retrieved from census.gov ZCTA 57362 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 green space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.