The story of this market
The typical home in ZIP 57788 sells for about $465,000, or $206 per square foot.
Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,673 a month.
ZIP 57788 — Vale
The housing market in ZIP 57788 is characterized by low transaction volume and rural market dynamics. Prices remain stable relative to regional trends, though the limited inventory and remote location result in longer days on market and lower sale-to-list ratios compared to urban centers.
This area is primarily suited for those seeking rural, low-density living in the Black Hills region, likely appealing to retirees or those with remote work arrangements given the limited local employment base.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 53 days on market with 0.0 months of supply — a fast-moving market.
29% of listings have cut prices · homes sell at 84.7% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 35.3% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 57788, Pennington County, SD
The local economy is largely driven by agriculture and tourism associated with the nearby Black Hills and regional landmarks.
Data derived from World Population Review and Redfin market reports for the Vale/Pennington County area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.