The story of this market
The typical home in ZIP 57004 sells for about $247,700, or $127 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 47.3 days to sell. HUD's fair market rent for a two-bedroom is $901 a month.
ZIP 57004 — Beresford
The housing market in ZIP 57004 remains stable, characterized by moderate price appreciation and consistent demand from local buyers. While inventory remains tight, the area benefits from its proximity to the Sioux Falls metro economy, which continues to drive steady interest in residential properties. Market conditions are currently balanced, with homes selling at a reasonable pace relative to historical norms.
This ZIP is well-suited for families and individuals seeking a quieter, small-town lifestyle while maintaining proximity to the employment and service amenities of the Sioux Falls metro area.
Median prices moved up 4.1% year over year.
Homes spend a median of 47 days on market with 3.5 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.2% · poverty 4.2% — 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 4.6%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57004, South Dakota
The area is served by the Beresford School District, which maintains a stable reputation within the regional educational landscape.
The region is subject to standard Midwestern climate risks, including severe thunderstorms and wind events; flood risk is generally low but varies by specific parcel location.
Economic momentum is tied to the broader Sioux Falls metro area, which serves as a regional hub for healthcare, finance, and retail development.
Property taxes are assessed at the county level based on market value; South Dakota does not impose a state personal income tax.
Residents typically commute by personal vehicle to the Sioux Falls employment core, with travel times generally ranging from 30 to 45 minutes.
Local amenities include community parks and access to regional outdoor recreation areas, with primary shopping and dining concentrated in the nearby Sioux Falls metro.
The rental market is characterized by low vacancy pressure and steady demand, with limited short-term rental activity compared to urban centers.
The economy is anchored by the Sioux Falls metro area, featuring a strong mix of healthcare, financial services, and manufacturing employers.
Transportation is primarily highway-dependent, with I-29 serving as the main corridor connecting the area to the Sioux Falls employment hub.
Development is focused on modest residential expansion and infrastructure maintenance consistent with regional growth patterns.
County appraisal districts utilize mass appraisal techniques to determine market value for property tax purposes.
Parcels are subject to local school district levies and county-wide tax assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common to the Great Plains.
South Dakota is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property condition disclosure statement to buyers regarding known material defects.
Data retrieved from data.census.gov ZCTA 57004 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.
- Union Grove State Park4.511.6 mi
- Union Grove State Park4.511.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community green space with recreational facilities.
Local nine-hole course serving the immediate community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.