Lake Preston, SD 57249 housing market
Data through Sep 2026 · Buyer's market · leverage 81
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Buyer Leverage Score
81
Sep 2026
Months of Supply
9.2 months
Jul 2026
Days on Market
77 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
95.9%
Jul 2025
Expected Disaster Loss
$93
Dec 2025
What this means
- Supply. There are 320% more homes for sale than the 2017-19 norm and rising (+17% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (81/100; U.S.: 54): homes sell for about 4.1% below their final list price (as of Jul 2025); 0% of listings had a price cut (U.S.: 26%).
- 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 |
| Iroquois, SD 57353 | – | – | 10 |
| Erwin, SD 57233 | – | – | 71 |
| Oldham, SD 57051 | – | – | 8 |
| Badger, SD 57214 | – | – | 57 |