The story of this market
The typical home in ZIP 57356 sells for about $166,250, or $87 per square foot.
Homes take about 23 days to sell, which is fast.
ZIP 57356 — Lake Andes
The housing market in 57356 is characterized by very low inventory and high vacancy rates, with a median home value significantly below the national average. Current data shows limited sales activity and a reliance on older housing stock built in the 1970s and 1980s. Figures for specific metrics like days on market and price cuts are based on limited sample sizes due to low transaction volume.
This area is suitable for budget-conscious buyers seeking low-cost housing, as the median home value is significantly lower than the national average.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 23 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 57356, Charles Mix County, SD
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (South Dakota) — Property Tax Assessment and Levy: Property is assessed at full and true market value, then equalized to 85% of that value to determine the taxable value. State (South Dakota) — Property Tax Discretionary Formula: Provides a tax break on the assessed value of new structures or additions for up to five or seven years, at the discretion of the county commissioners.
The rental market is characterized by a high vacancy rate of 53.85% and a preference for 3+ bedroom units.
The local economy is primarily rural with a mix of agricultural and small-town service industries.
Data retrieved from U.S. Census Bureau ACS and DHC profiles for ZCTA 57356.
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. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.