Letcher, SD 57359 housing market
Data through Sep 2026 · Balanced market · leverage 32
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Buyer Leverage Score
32
Sep 2026
Months of Supply
6.1 months
Jul 2026
Days on Market
364 days
Aug 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
100.0%
Aug 2026
Expected Disaster Loss
$117
Dec 2025
What this means
- Supply. There are 100% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is low (32/100; U.S.: 54): homes sell for about 0.0% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $117 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 Sanborn County, SD
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Wessington Springs, SD 57385 | $231.6K | +3.4% | 19 |
| Artesian, SD 57314 | – | – | 22 |