The story of this market
The typical home in ZIP 57785 sells for about $345,000, or $215 per square foot.
Prices are up +3.2% 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 $805 a month.
ZIP 57785 — Sturgis
The Sturgis housing market remains stable with steady price appreciation driven by limited inventory and consistent demand. While affordability is a factor, the area's appeal as a gateway to the Black Hills continues to support market activity.
This area is well-suited for families and outdoor enthusiasts who value proximity to the Black Hills and a small-town community atmosphere.
Median prices moved up 3.2% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 8.2% — 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 7.2%/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 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 57785, Meade County SD
Crime rates in Sturgis are generally low, with property crime being the primary concern; the area remains safer than many larger urban centers in the region.
Schools in the Sturgis area are part of the Meade School District, which is generally regarded as providing a stable, community-focused educational environment.
The area faces moderate wildfire risk due to its proximity to the Black Hills National Forest, and residents are encouraged to maintain defensible space around properties.
Economic momentum is driven by tourism, particularly the annual Sturgis Motorcycle Rally, and a steady base of local government and service-sector employment.
Property taxes are assessed at the county level by Meade County, with rates determined by local mill levies; South Dakota does not impose a state personal income tax.
Commuting is primarily car-dependent, with most residents traveling to Rapid City for major employment opportunities via I-90.
The area offers extensive outdoor recreation including access to the Black Hills, nearby hiking trails, and proximity to Bear Butte State Park.
The rental market is influenced by seasonal demand from the tourism industry, leading to tighter vacancy rates during summer months.
The economy is anchored by tourism, retail, and public sector employment, with significant seasonal spikes during the summer rally season.
Transportation is dominated by private vehicle use, with I-90 serving as the primary corridor for regional connectivity.
Development is focused on small-scale commercial expansion and residential infill to support the growing local population.
Meade County assesses property values annually based on market sales data to ensure equitable taxation across the jurisdiction.
Parcels are subject to Meade School District levies and various local fire and utility district assessments.
Property insurance premiums are influenced by regional wildfire risk and the cost of construction in the Black Hills area.
Data retrieved from US Census Bureau ZCTA 57785 profiles.
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 prominent geological feature and sacred site offering hiking and wildlife viewing.
Highlights the history of the world-famous Sturgis Motorcycle Rally.
Provides vast opportunities for outdoor recreation including camping and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.