The story of this market
The typical home in ZIP 57026 sells for about $250,000, or $145 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,017 a month.
ZIP 57026 — Elkton
The housing market in 57026 is characterized by extremely low inventory and limited sales activity, typical of a small rural community. Prices have seen modest year-over-year growth, reflecting broader regional trends, but the market remains quiet with few active listings. Demand is steady but constrained by the limited supply of available homes.
This ZIP code is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and a strong sense of community.
Median prices moved up 2.1% year over year.
Homes spend a median of 62 days on market with 4.5 months of supply — a balanced-paced market.
0% 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 2.2% · poverty 19.2% — 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 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
net influx — more people moved in than out
ZCTA 57026, Brookings County SD
The area is served by the Elkton School District, which provides local public education for the community.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and winter weather, with insurance premiums reflecting typical rural South Dakota risk profiles.
The local economy is primarily driven by agriculture and small-scale local services, with limited large-scale industrial or commercial development momentum.
Property taxes are assessed at the county level in Brookings County, with rates determined by local mill levies applied to the assessed value of residential parcels.
Residents typically rely on personal vehicles for commuting, with travel times to regional employment hubs like Brookings or Sioux Falls ranging from 30 to 60 minutes.
Local recreation is centered on small community parks and proximity to rural outdoor activities, with limited large-scale shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by low inventory and limited turnover, primarily serving local workers and long-term residents.
The economy is heavily reliant on the agricultural sector, with support from local retail and small business services.
Transportation is entirely dependent on private vehicle use, with no public transit infrastructure available.
There are no major commercial or residential developments currently approved or under construction in the area.
Brookings County assesses property values annually based on market sales data and physical inspections.
Parcels are subject to school district taxes and standard county-level levies for public services.
Property insurance remains stable, though premiums are influenced by regional weather-related risk factors.
South Dakota has experienced modest net domestic migration gains, driven by individuals seeking lower costs of living.
South Dakota is a non-judicial foreclosure state, allowing for a streamlined process for lenders.
Sellers are required to provide a property condition disclosure statement to buyers at the time of sale.
Data retrieved from data.census.gov for ZCTA 57026.
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.
- Dana J Dykhouse Stadium4.713 mi
- Dacotah Bank Center4.511.5 mi
- Craft Chophouse & Lounge4.513.2 mi
- McCrory Gardens4.712.5 mi
- Skinner's Pub4.413.6 mi
- Dakota Nature Park4.712 mi
- McCrory Gardens4.712.5 mi
- Larson Park4.512 mi
- Hillcrest Park4.612.7 mi
- Hole in the Mountain County Park4.511.5 mi
- Children's Museum of South Dakota4.813.5 mi
- South Dakota Art Museum4.713.3 mi
- Dakota Nature Park4.712 mi
- McCrory Gardens4.712.5 mi
- Larson Park4.512 mi
- Hillcrest Park4.612.7 mi
- Hole in the Mountain County Park4.511.5 mi
- Edgebrook Golf Course4.411.6 mi
- Hy-Vee Grocery Store4.412.1 mi
- Runnings4.412.1 mi
- Village Square Mall4.212.6 mi
- University Marketplace4.212 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
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.