Zip 57638 (Lemmon, SD) Housing

In Lemmon, SD (zip code 57638), the median value of homes is $102,300. This is significantly lower than the US median home value of $338,100. However, despite this gap in values, Lemmon has experienced a much stronger rate of annual appreciation than the national average with an appreciation rate of 14.45%, compared to 8.27% nationwide. This makes Lemmon an attractive location for potential homeowners looking to invest in housing for the long term.

The median home cost in Lemmon (zip 57638) is $102,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lemmon (zip 57638) is up 17.2%.

Average Age of Homes

- The median age of Lemmon (zip 57638) real estate is 55 years old

The Rental Market in Lemmon (zip 57638)

- Renters make up 23.5% of the Lemmon (zip 57638) population
- 0.0% of houses and apartments in Lemmon (zip 57638), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lemmon, South Dakota	United States
	1,126.0	139,647,020.0
	64	42
	$102,300	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$14.31	$10.98
	$1,199	$2,690
	56.6%	57.4%
	29.8%	11.2%
	13.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	9.6%	3.6%
	20.2%	4.1%
Value of Owner-Occupied Housing
	11.3%	2.6%
	16.5%	2.4%
	9.9%	2.8%
	10.5%	3.9%
	9.3%	4.5%
	14.3%	11.3%
	12.6%	13.0%
	8.8%	20.1%
	3.8%	13.6%
	0.0%	8.3%
	3.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	6.5%	13.6%
	10.6%	13.2%
	14.7%	14.8%
	6.5%	13.6%
	12.2%	10.0%
	14.7%	4.7%
	27.1%	12.2%

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