The story of this market
The typical home in ZIP 57468 sells for about $239,000, or $115 per square foot.
Prices are up +69.6% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $756 a month.
ZIP 57468 — Pierpont
The housing market in 57468 is experiencing significant price appreciation, largely driven by low inventory levels and high demand for rural properties. While sales volume remains modest, the limited supply continues to push median prices upward, reflecting a tight market environment.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees and families who prioritize affordability and community over proximity to major urban employment centers.
Median prices moved up 69.6% year over year.
Homes spend a median of 68 days on market with 3.0 months of supply — a fast-moving market.
8% 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 8.6% — 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 8.5%/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 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57468, Day County SD
The area is served by rural school districts with limited data available; school quality is generally considered consistent with small-town South Dakota standards.
The region faces standard Midwestern risks including severe thunderstorms, high winds, and occasional winter storm impacts; flood risk is localized to specific low-lying areas.
Economic momentum is driven primarily by agriculture and local services, with limited large-scale industrial or commercial development projects reported.
Property taxes are assessed at the county level based on market value; South Dakota does not impose a state personal income tax.
Commutes are primarily local or involve travel to nearby regional hubs like Watertown or Aberdeen via state highways.
The area offers access to outdoor activities including fishing, hunting, and local park facilities typical of the Glacial Lakes region.
The rental market is characterized by low inventory and limited turnover, primarily serving local workers and long-term residents.
The local economy is heavily reliant on agriculture, livestock production, and small-scale retail services.
Transportation is entirely dependent on private vehicles; no public transit infrastructure exists in this rural area.
No major commercial or residential developments are currently reported in the pipeline for this ZIP.
The Day County Director of Equalization manages property assessments based on annual market value reviews.
Parcels are subject to local school district levies and county-wide emergency service assessments.
Property insurance premiums are influenced by regional weather risks, including hail and wind damage common to the Great Plains.
South Dakota is a judicial foreclosure state, requiring court action to initiate the process.
Sellers are required to provide a property condition disclosure statement to buyers.
Data retrieved from 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.
A major regional destination for fishing and recreation.
Historic site and park offering trails and educational opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.