Wakonda, SD—57073
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wakonda, SD
As of Oct '25, the median home price in Wakonda, SD is $231,000, with a year-over-year change of 1.8%. This indicates that home prices in Wakonda, SD are increasing. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $231,000 | 1.8% |
| Single Family | $231,000 | 0.9% |
| 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 | $208,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wakonda, SD
Wakonda, 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 — Wakonda, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Wakonda, SD is 63. This is a increase of 90.0% 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 | $255,000 | -9.0% |
Listing Count | 2 | -33.0% |
| Listings as % of Homes | 0.4% | -33.0% |
Days on Market | 63 | 90.0% |
Demographics — Wakonda, SD
As of the latest ACS Survey released in 2023, Wakonda, SD has a population of 516, which has decreased by -30.8% over the past 5 years. Wakonda, SD is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 516 | -30.8% |
% Under 18 | 25.8% | -11.3% |
% Seniors | 30.2% | 51.0% |
% WFH | 17.2% | -3.4% |
% w/ College Degree | 32.3% | 67.4% |
As of the latest ACS Survey released in 2023, Wakonda, SD is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Wakonda, SD is black, making up 0.6% of the population. Foreign-born residents account for 1.0% of the population in Wakonda, SD, and this percentage has increased by 100.0% 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 | 94.2% | -3.5% |
% Black | 0.6% | 20.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 1.0% | 100.0% |
Mortgage and Risk — Wakonda, SD
Wakonda, 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 — Wakonda, SD
Wakonda, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 21.9% |
% 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 — Wakonda, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $231,000 |
| Median Household Income | $70,900 |