Zip 57231 (De Smet, SD) Housing

The housing market in 57231 De Smet, SD is doing quite well compared to the US median. The current median housing value in the De Smet area is $202,600 which is much lower than the US median of $338,100. Additionally, the recent 1 year house appreciation in De Smet is 14.45%, which is significantly higher than the US appreciation of 8.27%. This suggests that those looking to invest in real estate in De Smet may have a higher rate of return on their investment than those investing elsewhere.

The median home cost in De Smet (zip 57231) is $202,600. Home appreciation the last 10 years has been 81.4%. Home Appreciation in De Smet (zip 57231) is up 17.2%.

Average Age of Homes

- The median age of De Smet (zip 57231) real estate is 60 years old

The Rental Market in De Smet (zip 57231)

- Renters make up 20.2% of the De Smet (zip 57231) population
- 0.0% of houses and apartments in De Smet (zip 57231), 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	De Smet, South Dakota	United States
	853.0	139,647,020.0
	60	42
	$202,600	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$9.25	$10.98
	$1,458	$2,690
	65.3%	57.4%
	20.2%	11.2%
	14.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	12.3%	3.6%
	6.7%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	4.1%	2.4%
	8.8%	2.8%
	6.3%	3.9%
	8.4%	4.5%
	16.9%	11.3%
	13.3%	13.0%
	20.8%	20.1%
	8.6%	13.6%
	2.7%	8.3%
	3.2%	9.7%
	1.6%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	11.3%	13.6%
	4.3%	13.2%
	15.1%	14.8%
	11.3%	13.6%
	14.9%	10.0%
	5.4%	4.7%
	29.2%	12.2%

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