The story of this market
The typical home in ZIP 57472 sells for about $145,000, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $814 a month.
ZIP 57472 — Selby
The housing market in 57472 is characterized by low inventory and slow turnover, typical of a stable rural agricultural community. Prices have seen modest appreciation, driven by limited supply rather than high demand, keeping the market balanced for local residents.
This ZIP is best suited for retirees, agricultural workers, and families seeking a quiet, low-cost-of-living rural environment with strong community ties.
Median prices moved up 2.1% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced 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 3.8% · poverty 9.0% — 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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57472, Walworth County SD
The area is served by the Selby Area School District, which maintains a small-town educational environment with limited extracurricular offerings compared to larger regional districts.
The region faces standard Midwestern risks including severe thunderstorms and winter weather; flood risk is generally low but localized to specific drainage areas.
The local economy is primarily driven by agriculture and small-scale service businesses, with limited new commercial development or major infrastructure projects currently underway.
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 local within Walworth County; residents typically drive to nearby towns for employment and essential services.
Local recreation centers on outdoor activities including hunting, fishing, and access to nearby Missouri River reservoirs, with limited indoor shopping or entertainment venues.
The rental market is characterized by low inventory and limited turnover, primarily serving local workers and retirees.
The economy is heavily reliant on the agricultural sector, including crop production and livestock, with secondary support from local retail and public services.
Transportation is entirely dependent on private vehicles; there is no public transit infrastructure serving the area.
No major commercial or residential developments are currently reported for this rural ZIP code.
Walworth County assesses property based on annual market value updates to ensure equitable distribution of the tax burden.
Parcels are subject to standard county and school district levies; no significant MUD or PID districts are present.
Property insurance premiums are stable but reflect the regional risk of severe weather events common to the Great Plains.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 57472.
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 park providing green space and playground facilities.
Hosts annual community events and agricultural exhibitions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.