The story of this market
The typical home in ZIP 57446 sells for about $145,000, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 57446 — Hecla
The housing market in 57446 is characterized by very low inventory and minimal sales activity, typical of a small, stable rural community. Prices have seen modest, steady growth over the last decade, driven by limited supply rather than high demand. The market remains quiet with no significant development pipeline or economic shifts expected in the near term.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including agricultural workers and retirees looking for affordability away from urban centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 6.2 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 2.2% — 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 4.8%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57446, Brown County SD
The area is served by the Hecla School District, which provides small-town educational settings with limited extracurricular offerings compared to larger regional districts.
The region is subject to severe weather risks including high winds, hail, and occasional blizzard conditions; flood risk is generally low but localized to specific drainage areas.
Economic momentum is primarily driven by regional agriculture and small-scale local services, with limited new commercial or industrial development.
Property taxes are assessed at the county level based on market value; South Dakota does not impose a state personal income tax, which benefits local property owners.
Commutes are primarily rural, involving travel to nearby regional hubs like Aberdeen for employment and major services.
Recreation is centered on outdoor activities including hunting, fishing, and local community park facilities.
The rental market is extremely limited with low turnover and minimal institutional investor presence.
The local economy is heavily reliant on the agricultural sector, including crop production and livestock management.
Public transit is not available; residents rely entirely on personal vehicles for transportation.
No major commercial or residential developments are currently approved or under construction.
Brown County Equalization Office manages property assessments based on annual market value updates.
Parcels are subject to local school district and county-level property tax levies.
Property insurance premiums are influenced by regional exposure to severe convective storms and wind damage.
South Dakota utilizes a non-judicial foreclosure process for mortgages containing a power-of-sale clause.
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 57446.
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 community green space for recreation.
Regional attraction for bird watching and outdoor recreation located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.