Hermosa, SD—57744
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hermosa, SD
Hermosa, SD lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $623,000 | 0.5% |
| Single Family | $623,000 | 0.2% |
| 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 | $589,000 | 1.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hermosa, SD
Hermosa, 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 — Hermosa, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Hermosa, SD is 43. This is a increase of 3.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $642,000 | -21.0% |
Listing Count | 11 | 3.0% |
| Listings as % of Homes | 0.6% | 3.0% |
Days on Market | 43 | 3.0% |
Demographics — Hermosa, SD
As of the latest ACS Survey released in 2023, Hermosa, SD has a population of 2,210, which has increased by 4.1% over the past 5 years. Hermosa, SD is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,210 | 4.1% |
% Under 18 | 22.7% | -2.2% |
% Seniors | 19.2% | 9.1% |
% WFH | 9.9% | 41.4% |
% w/ College Degree | 38.8% | 26.8% |
As of the latest ACS Survey released in 2023, Hermosa, SD is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Hermosa, SD is hispanic, making up 5.3% of the population. Foreign-born residents account for 0.2% of the population in Hermosa, SD, and this percentage has decreased by 94.1% 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 | 83.2% | -3.7% |
% Black | 0.0% | N/A |
% Hispanic | 5.3% | 430.0% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 0.2% | -94.1% |
Mortgage and Risk — Hermosa, SD
Hermosa, 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 — Hermosa, SD
Hermosa, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Hermosa, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $623,000 |
| Median Household Income | $111,000 |