Zip 57356 (Lake Andes, SD) Housing

Housing in 57356 Lake Andes, SD is more affordable than the US average. The median value of a house in the area is $107,900, which is significantly lower than the national median value of $338,100. While the US housing market has seen an appreciation of 8.27% over the last year, Lake Andes has seen even higher appreciation of 14.45%. This higher appreciation could indicate a flourishing market in Lake Andes and presents an opportunity for buyers to get into the market before prices start to rise even further.

The median home cost in Lake Andes (zip 57356) is $107,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lake Andes (zip 57356) is up 17.2%.

Average Age of Homes

- The median age of Lake Andes (zip 57356) real estate is 48 years old

The Rental Market in Lake Andes (zip 57356)

- Renters make up 23.5% of the Lake Andes (zip 57356) population
- 1.0% of houses and apartments in Lake Andes (zip 57356), 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	Lake Andes, South Dakota	United States
	833.0	139,647,020.0
	49	42
	$107,900	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$11.11	$10.98
	$1,306	$2,690
	49.2%	57.4%
	25.3%	11.2%
	25.5%	31.4%
Vacant Housing
	1.0%	1.9%
	0.1%	0.4%
	1.1%	0.7%
	0.8%	0.4%
	13.7%	3.6%
	8.6%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	18.8%	2.4%
	16.8%	2.8%
	5.9%	3.9%
	12.7%	4.5%
	10.7%	11.3%
	6.1%	13.0%
	7.8%	20.1%
	10.2%	13.6%
	2.9%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	11.8%	13.6%
	11.6%	13.2%
	16.1%	14.8%
	11.8%	13.6%
	6.8%	10.0%
	2.6%	4.7%
	25.3%	12.2%

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