57247, Lake City, SD Housing Market

ZIP code 57247's median home value is $316K, up 10.1% over the past year. Homes here sell in a median 102 days. Its PropertyIQ Score of 94 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

Understanding the housing market in ZIP code 57247 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 57247, Lake City, SD, giving investors and agents a competitive edge in SD's most specific market segments.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 57247's PropertyIQ Score of 94 ranks among the Midwest's stronger demand signals.

For 57247, Lake City, SD, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

Use PropertyIQ's analytics tools to evaluate 57247, Lake City, SD alongside other ZIP codes and investment opportunities. The interactive map, ZIP-level rankings, and AI-generated reports provide the hyperlocal market intelligence that separates informed decisions from guesswork.