Hartford, SD—57033
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hartford, SD
As of Oct '25, the median home price in Hartford, SD is $395,000, with a year-over-year change of 2.0%. This indicates that home prices in Hartford, SD are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | 2.0% |
| Single Family | $399,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $290,000 | 1.8% |
3 Bed | $374,000 | 2.7% |
4 Bed | $396,000 | 1.5% |
| 5 Bed | $552,000 | 2.0% |
% of Housing Stock
Rental Trends — Hartford, SD
As of July '25, Rentcast reports the average rent in Hartford, SD is $1,090, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Hartford, SD is 1-bedrooms: $922, 2-bedrooms: $878, 3-bedrooms: $2,000. The most common rental property sizes in Hartford, SD are 2-bedroom and 1-bedroom, accounting for 33.4% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $899 | $1,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $845 | $922 |
| 2 Bed Rent | $899 | $878 |
| 3 Bed Rent | $1,500 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hartford, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Hartford, SD is 58. This is a increase of 44.0% 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 | $420,000 | -8.0% |
Listing Count | 25 | 24.0% |
| Listings as % of Homes | 0.3% | 24.0% |
Days on Market | 58 | 44.0% |
Demographics — Hartford, SD
As of the latest ACS Survey released in 2023, Hartford, SD has a population of 5,950, which has increased by 8.8% over the past 5 years. Hartford, SD is a popular place for families, as children make up 28.3% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,950 | 8.8% |
% Under 18 | 28.3% | -2.1% |
% Seniors | 15.1% | 48.0% |
% WFH | 9.6% | 200.0% |
% w/ College Degree | 35.5% | 2.9% |
As of the latest ACS Survey released in 2023, Hartford, SD is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Hartford, SD is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.3% of the population in Hartford, SD, and this percentage has increased by 160.0% 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 | 92.9% | -4.9% |
% Black | 0.1% | -50.0% |
% Hispanic | 1.2% | 9.1% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 1.3% | 160.0% |
Mortgage and Risk — Hartford, SD
According to HUD data as of 2023, there were 146 mortgage originations in Hartford, SD, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Hartford, SD. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 146 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Hartford, SD
Hartford, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $845 | $870 |
| 2 Bedroom | $121 | $899 | $1,020 |
| 3 Bedroom | -$100 | $1,500 | $1,400 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Hartford, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $395,000 |
| Median Household Income | $98,200 |