The story of this market
The typical home in ZIP 57465 sells for about $124,000, or $818 per square foot.
Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 57465
The housing market in 57465 is characterized by extremely low inventory and minimal sales activity, typical of a stable, rural agricultural community. Prices remain modest and stable, reflecting a lack of speculative pressure or rapid development. The market is driven by long-term residents and local agricultural needs rather than external investment.
This ZIP is best suited for those seeking a quiet, rural lifestyle, agricultural workers, or retirees looking for low-density living in a tight-knit community.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 180 days on market with 12.0 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 0.0% · poverty 1.4% — a stable, low-distress profile.
ZCTA 57465, Spink County SD
The area is served by rural school districts with limited public data available; school quality is generally considered consistent with small-town South Dakota standards.
The region faces standard Midwestern risks including severe thunderstorms and winter weather, with low wildfire risk and moderate flood risk in specific low-lying areas.
The local economy is primarily driven by agriculture and small-scale local services with minimal large-scale industrial or commercial development momentum.
Property taxes are assessed at the county level based on agricultural and residential valuations; South Dakota has no state income tax.
Commutes are primarily local or involve long-distance travel to regional hubs like Aberdeen, as there is no public transit infrastructure.
Recreation is centered on outdoor activities including hunting, fishing, and local community parks typical of rural South Dakota.
The rental market is extremely thin with very low turnover and limited institutional investor presence.
The economy is heavily reliant on the agricultural sector, including crop production and livestock management.
Transportation is entirely dependent on private vehicles via state and county highway networks.
There are no major commercial or residential developments currently approved or under construction in this rural area.
The Spink County Director of Equalization manages property assessments based on annual market value reviews.
Parcels are subject to local school district taxes and county-level levies for road and emergency services.
Property insurance premiums are generally stable but sensitive to regional weather-related claims such as hail and wind damage.
South Dakota is a non-judicial foreclosure state with specific notice and redemption requirements.
Sellers are required to provide a property condition disclosure statement to buyers for residential real estate transactions.
Data retrieved from US Census Bureau ZCTA-level tables.
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 green space serving the immediate community.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).