Canistota, SD—57012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canistota, SD
As of Oct '25, the median home price in Canistota, SD is $289,000, with a year-over-year change of 6.6%. This indicates that home prices in Canistota, SD are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $289,000 | 6.6% |
| Single Family | $289,000 | 5.9% |
| 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 | $270,000 | 6.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Canistota, SD
Canistota, 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 — Canistota, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Canistota, SD is 85. This is a increase of 106.0% 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 | $717,000 | 60.0% |
Listing Count | 6 | 20.0% |
| Listings as % of Homes | 0.6% | 20.0% |
Days on Market | 85 | 106.0% |
Demographics — Canistota, SD
As of the latest ACS Survey released in 2023, Canistota, SD has a population of 1,160, which has decreased by -2.8% over the past 5 years. Canistota, SD is a popular place for families, as children make up 27.9% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,160 | -2.8% |
% Under 18 | 27.9% | 17.7% |
% Seniors | 12.5% | -27.7% |
% WFH | 13.1% | 204.7% |
% w/ College Degree | 30.6% | 19.1% |
As of the latest ACS Survey released in 2023, Canistota, SD is a predominantly white area, with 87.9% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Canistota, SD is hispanic, making up 4.6% of the population. Foreign-born residents account for 0.6% of the population in Canistota, SD, and this percentage has decreased by 82.4% 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 | 87.9% | -2.4% |
% Black | 1.0% | 233.3% |
% Hispanic | 4.6% | -19.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -82.4% |
Mortgage and Risk — Canistota, SD
According to HUD data as of 2023, there were 47 mortgage originations in Canistota, SD, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Canistota, SD. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Canistota, SD
Canistota, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $840 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Canistota, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $289,000 |
| Median Household Income | $84,200 |