Baltic, SD—57003
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baltic, SD
As of Oct '25, the median home price in Baltic, SD is $346,000, with a year-over-year change of 2.1%. This indicates that home prices in Baltic, SD are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | 2.1% |
| Single Family | $346,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $267,000 | 3.5% |
3 Bed | $321,000 | 2.2% |
4 Bed | $374,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Baltic, SD
Baltic, 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 — Baltic, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Baltic, SD is 100. This is a increase of 35.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $427,000 | -22.0% |
Listing Count | 8 | 13.0% |
| Listings as % of Homes | 1.2% | 13.0% |
Days on Market | 100 | 35.0% |
Demographics — Baltic, SD
As of the latest ACS Survey released in 2023, Baltic, SD has a population of 2,220, which has increased by 7.4% over the past 5 years. Baltic, SD is a popular place for families, as children make up 32.9% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,220 | 7.4% |
% Under 18 | 32.9% | 4.8% |
% Seniors | 10.9% | 70.3% |
% WFH | 7.5% | 23.0% |
% w/ College Degree | 24.6% | -25.2% |
As of the latest ACS Survey released in 2023, Baltic, SD is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Baltic, SD is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.4% of the population in Baltic, SD, and this percentage has decreased by 82.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.9% | 0.6% |
% Black | 0.7% | 600.0% |
% Hispanic | 0.9% | -84.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -82.6% |
Mortgage and Risk — Baltic, SD
Baltic, 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 — Baltic, SD
Baltic, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,450 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Baltic, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $346,000 |
| Median Household Income | $109,000 |