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Alcester city, SD

ZIP 57001 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 57001

Median Home Value
$158,600
Median Rent
$617
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,019/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 57001 in Alcester city, SD, a household would need roughly $44,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,019. That sits below the local median household income ($72,885), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
77.4%+18% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
82.5%-5% vs US avg
x
4+ Bedrooms
10.7%-28% vs US avg
x
Built Pre-1939
7.5%-41% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
4.2%-92% vs US avg
x
Mortgage-Free
38.0%-0% vs US avg
x
$158,600
Home Value
$617
Rent
1960
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached86.7%
  • 1-unit attached0.9%
  • 2-9 units5.1%
  • 10+ units3.3%
  • Mobile home & other3.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$158,600
Median rent$617
Owner-occupied77.4%
Vacant4.1%
Price-to-income2.2x
Est. income to buy$44,000