Alcester, SD—57001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alcester, SD
As of Oct '25, the median home price in Alcester, SD is $282,000, with a year-over-year change of 5.8%. This indicates that home prices in Alcester, SD are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | 5.8% |
| Single Family | $282,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alcester, SD
Alcester, SD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alcester, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Alcester, SD is 41. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $396,000 | 0.0% |
Listing Count | 8 | 5.0% |
| Listings as % of Homes | 0.8% | 5.0% |
Days on Market | 41 | 22.0% |
Demographics — Alcester, SD
As of the latest ACS Survey released in 2023, Alcester, SD has a population of 1,550, which has decreased by -2.0% over the past 5 years. Alcester, SD is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,550 | -2.0% |
% Under 18 | 22.1% | 2.3% |
% Seniors | 29.2% | -10.4% |
% WFH | 3.8% | -51.9% |
% w/ College Degree | 19.9% | -3.9% |
As of the latest ACS Survey released in 2023, Alcester, SD is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Alcester, SD is asian, making up 1.1% of the population. Foreign-born residents account for 1.1% of the population in Alcester, SD, and this percentage has increased by 83.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | -10.4% |
% Black | 0.3% | ∞% |
% Hispanic | 0.8% | 0.0% |
% Asian | 1.1% | 175.0% |
% Foreign Born | 1.1% | 83.3% |
Mortgage and Risk — Alcester, SD
Alcester, SD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Alcester, SD
Alcester, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Alcester, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $282,000 |
| Median Household Income | $72,900 |