Erwin, SD 57233 housing market
Data through Jan 2026 · Balanced market · leverage 71
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Buyer Leverage Score
71
Oct 2024
Months of Supply
3.0 months
Apr 2015
Days on Market
362 days
Mar 2025
Price Cut %
0.0%
Oct 2025
Sale-to-List Ratio
102.2%
Aug 2019
Expected Disaster Loss
$93
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (71/100; U.S.: 54) (as of Oct 2024): homes typically sell at or above asking (102.2% of list) (as of Aug 2019); 0% of listings had a price cut (U.S.: 26%) (as of Oct 2025).
- Disaster risk. FEMA expects about $93 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Kingsbury County, SD
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Arlington, SD 57212 | $322.3K | +9.4% | 71 |
| De Smet, SD 57231 | $262.7K | +4.9% | 100 |
| Lake Preston, SD 57249 | – | – | 81 |
| Iroquois, SD 57353 | – | – | 10 |
| Oldham, SD 57051 | – | – | 8 |
| Badger, SD 57214 | – | – | 57 |