Zip 57359 (Letcher, SD) Housing

The housing market in Letcher, SD (57359) is booming and highly desirable! The median value of a home there is $162,300 which is significantly lower than the US median value of $338,100. In just one year, the appreciation of the housing market in Letcher has increased by 14.45%, almost double that of the US average increase of 8.27% over the same period. Investing in real estate in Letcher could prove to be quite lucrative indeed!

The median home cost in Letcher (zip 57359) is $162,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Letcher (zip 57359) is up 17.2%.

Average Age of Homes

- The median age of Letcher (zip 57359) real estate is 78 years old

The Rental Market in Letcher (zip 57359)

- Renters make up 17.9% of the Letcher (zip 57359) population
- 6.6% of houses and apartments in Letcher (zip 57359), 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	Letcher, South Dakota	United States
	272.0	139,647,020.0
	66	42
	$162,300	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$12.53	$10.98
	$1,132	$2,690
	63.2%	57.4%
	20.6%	11.2%
	16.2%	31.4%
Vacant Housing
	6.6%	1.9%
	1.8%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	11.4%	4.1%
Value of Owner-Occupied Housing
	16.3%	2.6%
	11.0%	2.4%
	2.3%	2.8%
	8.1%	3.9%
	0.6%	4.5%
	18.6%	11.3%
	18.0%	13.0%
	14.0%	20.1%
	8.7%	13.6%
	0.0%	8.3%
	2.3%	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%
	7.0%	13.6%
	7.0%	13.6%
	5.1%	13.6%
	10.3%	13.2%
	15.1%	14.8%
	5.1%	13.6%
	5.5%	10.0%
	6.3%	4.7%
	41.2%	12.2%

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