Wallace, SD 57272 housing market
Data through Aug 2026 · Seller's market · leverage 19
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Buyer Leverage Score
19
Aug 2026
Months of Supply
3.1 months
Dec 2020
Days on Market
37 days
Aug 2026
Price Cut %
0.0%
Apr 2023
Sale-to-List Ratio
90.9%
Aug 2026
Expected Disaster Loss
$114
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is low (19/100; U.S.: 54): homes sell for about 9.1% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Apr 2023).
- Disaster risk. FEMA expects about $114 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 Codington County, SD
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Watertown, SD 57201 | $328.1K | +3.2% | 43 |
| Florence, SD 57235 | $523.4K | +2.7% | 51 |
| Henry, SD 57243 | $520.2K | −4.8% | 26 |
| South Shore, SD 57263 | $532K | −6.2% | 86 |
| Kranzburg, SD 57245 | – | – | 46 |