Sturgis, SD—57785
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sturgis, SD
Home Price Trends — Sturgis, SD
As of Oct '25, the median home price in Sturgis, SD is $382,000, with a year-over-year change of 0.3%. This indicates that home prices in Sturgis, SD are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $382,000 | 0.3% |
| Single Family | $382,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $272,000 | -1.4% |
3 Bed | $351,000 | 2.0% |
4 Bed | $400,000 | 1.8% |
| 5 Bed | $508,000 | 1.0% |
% of Housing Stock
Rental Trends — Sturgis, SD
As of July '25, Rentcast reports the average rent in Sturgis, SD is $1,480, with a year-over-year rent change of -6.3%. Per bedroom, the median rent as of July '25 in Sturgis, SD is 2-bedrooms: $1,300, 3-bedrooms: $1,650. The most common rental property sizes in Sturgis, SD are 2-bedroom and 3-bedroom, accounting for 46.1% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,300 |
| 3 Bed Rent | $1,450 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sturgis, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Sturgis, SD is 109. This is a increase of 20.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $592,000 | -2.0% |
Listing Count | 91 | 36.0% |
| Listings as % of Homes | 0.8% | 36.0% |
Days on Market | 109 | 20.0% |
Demographics — Sturgis, SD
As of the latest ACS Survey released in 2023, Sturgis, SD has a population of 10,700, which has increased by 18.2% over the past 5 years. Sturgis, SD is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | 18.2% |
% Under 18 | 21.9% | 8.4% |
% Seniors | 18.6% | -8.8% |
% WFH | 7.0% | 9.4% |
% w/ College Degree | 22.7% | -15.0% |
As of the latest ACS Survey released in 2023, Sturgis, SD is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Sturgis, SD is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.8% of the population in Sturgis, SD, and this percentage has decreased by 10.0% 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 | 90.7% | -1.8% |
% Black | 1.1% | 120.0% |
% Hispanic | 2.7% | -22.9% |
% Asian | 0.1% | -94.7% |
% Foreign Born | 1.8% | -10.0% |
Mortgage and Risk — Sturgis, SD
According to HUD data as of 2023, there were 155 mortgage originations in Sturgis, SD, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Sturgis, SD. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Sturgis, SD
Sturgis, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 216 |
Total Units Section 8 | 138 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 76.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | -$200 | $1,250 | $1,050 |
| 3 Bedroom | -$50 | $1,450 | $1,400 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Sturgis, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $382,000 |
| Median Household Income | $59,300 |