Hayti, SD—57241
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Hayti, SD
Home Price Trends — Hayti, SD
As of Oct '25, the median home price in Hayti, SD is $305,000, with a year-over-year change of 3.7%. This indicates that home prices in Hayti, 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 | $305,000 | 3.7% |
| Single Family | $305,000 | 4.8% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hayti, SD
Hayti, 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 — Hayti, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Hayti, SD is 52. This is a decrease of -16.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | 3.0% |
Listing Count | 5 | -6.0% |
| Listings as % of Homes | 0.2% | -6.0% |
Days on Market | 52 | -16.0% |
Demographics — Hayti, SD
As of the latest ACS Survey released in 2023, Hayti, SD has a population of 945, which has decreased by -21.9% over the past 5 years. Hayti, SD is a popular place for families, as children make up 30.2% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 945 | -21.9% |
% Under 18 | 30.2% | -17.0% |
% Seniors | 12.7% | -9.3% |
% WFH | 5.9% | -24.4% |
% w/ College Degree | 23.5% | 10.3% |
As of the latest ACS Survey released in 2023, Hayti, SD is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Hayti, SD is hispanic, making up 7.7% of the population. Foreign-born residents account for 4.4% of the population in Hayti, SD, and this percentage has increased by 633.3% 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 | 92.3% | -4.6% |
% Black | 0.0% | N/A |
% Hispanic | 7.7% | 266.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.4% | 633.3% |
Mortgage and Risk — Hayti, SD
According to HUD data as of 2023, there were 58 mortgage originations in Hayti, SD, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Hayti, SD. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Hayti, SD
Hayti, 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 | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Hayti, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $305,000 |
| Median Household Income | $73,800 |