Zip 57278 (Willow Lake, SD) Housing

Housing in 57278 Willow Lake, SD is very affordable compared to the US median value for homes. The median housing value in this area is $194,000, which is about 42% lower than the national median of $338,100. In addition, the one year appreciation rate for houses in this area was 14.45%, which is 6.18% higher than that of the US as a whole at 8.27%. This makes Willow Lake SD an attractive place to purchase a home and benefit from strong housing appreciation rates over time.

The median home cost in Willow Lake (zip 57278) is $194,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Willow Lake (zip 57278) is up 17.2%.

Average Age of Homes

- The median age of Willow Lake (zip 57278) real estate is 75 years old

The Rental Market in Willow Lake (zip 57278)

- Renters make up 23.4% of the Willow Lake (zip 57278) population
- 1.9% of houses and apartments in Willow Lake (zip 57278), 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	Willow Lake, South Dakota	United States
	309.0	139,647,020.0
	53	42
	$194,000	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$9.89	$10.98
	$1,029	$2,690
	70.6%	57.4%
	15.5%	11.2%
	13.9%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	12.3%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	2.3%	2.4%
	7.8%	2.8%
	8.3%	3.9%
	6.4%	4.5%
	12.4%	11.3%
	24.8%	13.0%
	23.9%	20.1%
	3.2%	13.6%
	0.0%	8.3%
	4.1%	9.7%
	0.0%	3.9%
	2.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	13.3%	13.6%
	5.2%	13.2%
	13.3%	14.8%
	13.3%	13.6%
	6.8%	10.0%
	3.6%	4.7%
	33.3%	12.2%

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