Custer, SD—57730
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Custer, SD
Custer, SD lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $479,000 | 2.6% |
| Single Family | $480,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $393,000 | 2.6% |
3 Bed | $525,000 | 2.9% |
4 Bed | $548,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Custer, SD
Custer, SD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Custer, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Custer, SD is 81. This is a increase of 5.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $639,000 | -6.0% |
Listing Count | 60 | 35.0% |
| Listings as % of Homes | 0.6% | 35.0% |
Days on Market | 81 | 5.0% |
Demographics — Custer, SD
As of the latest ACS Survey released in 2023, Custer, SD has a population of 5,650, which has decreased by -2.1% over the past 5 years. Custer, SD is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 35.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,650 | -2.1% |
% Under 18 | 13.7% | -17.5% |
% Seniors | 33.9% | 8.0% |
% WFH | 12.2% | 103.3% |
% w/ College Degree | 35.4% | 39.9% |
As of the latest ACS Survey released in 2023, Custer, SD is a predominantly white area, with 90.4% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Custer, SD is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.9% of the population in Custer, SD, and this percentage has decreased by 20.8% 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 | 90.4% | 0.3% |
% Black | 0.3% | -50.0% |
% Hispanic | 1.8% | -52.6% |
% Asian | 0.5% | 66.7% |
% Foreign Born | 1.9% | -20.8% |
Mortgage and Risk — Custer, SD
According to HUD data as of 2023, there were 185 mortgage originations in Custer, SD, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Custer, SD. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 185 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Custer, SD
Custer, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | -$280 | $1,400 | $1,120 |
| 3 Bedroom | N/A | N/A | $1,530 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Custer, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $479,000 |
| Median Household Income | $81,900 |