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Okreek CDP, SD

ZIP 57580 — 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 57580

Median Home Value
$141,000
Median Rent
$535
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$906/mo PITI).

9%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.0 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 57580 in Okreek CDP, SD, a household would need roughly $39,000 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 $906. That sits below the local median household income ($67,694), 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 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.7%+11% vs US avg
x
Vacancy Rate
18.3%+77% vs US avg
x
Broadband Access
87.4%+0% vs US avg
x
4+ Bedrooms
10.4%-30% vs US avg
x
Built Pre-1939
5.5%-57% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
30.7%-38% vs US avg
x
Mortgage-Free
65.2%+71% vs US avg
x
$141,000
Home Value
$535
Rent
1963
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached77.2%
  • 1-unit attached1.6%
  • 2-9 units4.4%
  • 10+ units5.6%
  • Mobile home & other11.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$141,000
Median rent$535
Owner-occupied72.7%
Vacant18.3%
Price-to-income2.1x
Est. income to buy$39,000