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Lake Poinsett CDP, SD

ZIP 57248 — 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 57248

Median Home Value
$245,100
Median Rent
$764
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,574/mo PITI).

10%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.7 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 57248 in Lake Poinsett CDP, SD, a household would need roughly $67,000 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 $1,574. That sits below the local median household income ($92,625), 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

Vacancy rate 31% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.5%+19% vs US avg
x
Vacancy Rate
30.9%+200% vs US avg
x
Broadband Access
85.0%-2% vs US avg
x
4+ Bedrooms
19.2%+30% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
4.1%-41% vs US avg
x
Rent Burden >30%
3.4%-93% vs US avg
x
Mortgage-Free
50.7%+33% vs US avg
x
$245,100
Home Value
$764
Rent
1981
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached85.5%
  • 1-unit attached4.2%
  • 2-9 units2.6%
  • 10+ units3.2%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$245,100
Median rent$764
Owner-occupied77.5%
Vacant30.9%
Price-to-income2.6x
Est. income to buy$67,000