Valley Springs, SD—57068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Valley Springs, SD
As of Oct '25, the median home price in Valley Springs, SD is $341,000, with a year-over-year change of 2.3%. This indicates that home prices in Valley Springs, SD are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | 2.3% |
| Single Family | $341,000 | 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 | N/A | N/A |
3 Bed | $317,000 | 2.6% |
4 Bed | $409,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Valley Springs, SD
Valley Springs, 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 — Valley Springs, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Valley Springs, SD is 38. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $480,000 | 4.0% |
Listing Count | 12 | 46.0% |
| Listings as % of Homes | 0.6% | 46.0% |
Days on Market | 38 | -27.0% |
Demographics — Valley Springs, SD
As of the latest ACS Survey released in 2023, Valley Springs, SD has a population of 1,700, which has increased by 17.7% over the past 5 years. Valley Springs, SD is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 28.3% 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 | 1,700 | 17.7% |
% Under 18 | 21.7% | -13.2% |
% Seniors | 15.6% | 3.3% |
% WFH | 3.8% | -15.6% |
% w/ College Degree | 28.3% | 7.6% |
As of the latest ACS Survey released in 2023, Valley Springs, SD is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Valley Springs, SD is asian, making up 0.6% of the population. Foreign-born residents account for 0.9% of the population in Valley Springs, SD, and this percentage has decreased by 71.9% 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 | 94.6% | -0.2% |
% Black | 0.4% | -50.0% |
% Hispanic | 0.3% | -88.9% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 0.9% | -71.9% |
Mortgage and Risk — Valley Springs, SD
According to HUD data as of 2023, there were 61 mortgage originations in Valley Springs, SD, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Valley Springs, SD. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Valley Springs, SD
Valley Springs, 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 | $910 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,470 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Valley Springs, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $341,000 |
| Median Household Income | $107,000 |