57363
$133,000median sale price
The 57363 zip code, located in Wonderland Homes, SD, is currently classified as a leaning buyer's. The median sale price stands at $133,000, representing a +77.3% change year over year. Homes in this area spend an average of 23 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 57363 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
4
Last 12 weeks
Days on market
23
Average pace
Active listings
—
Sale-to-list
87.8%
Below asking
Market trends
Market analysis for 57363
The 57363 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 87.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 57363 have increased +77.3% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 57363 stands at $279,691, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
905
Median income
$59,333/yr
Median age
35.1 years
Owner-occupied
7000.0%
College grads
1900.0%
Living in 57363
Zip code 57363 is home to approximately 905 residents. The median household income is $59,333 per year, which shapes the types of homes and amenities available in the area. With a median age of 35.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7000.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 1900.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 57363.
Frequently asked questions about 57363
What is the median home price in 57363?
The current median sale price in 57363 is $133,000, based on recent Redfin transaction data. Prices have changed +77.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 57363 a buyer's or seller's market?
The 57363 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 57363?
Zip code 57363 has a population of approximately 905 residents. The median household income is $59,333 per year. About 7000.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 57363?
Properties Incorporated provides comprehensive data for 57363 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 57363 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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