Garretson, SD 57030 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Garretson, SD—57030

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$377,000

2.7% YoY Growth

Household Income

$83,900

10.4% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$699

7.3% YoY Growth

1-Bed Rent

$699

52.7% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$900

28.0% YoY Growth

Home Price Trends — Garretson, SD

As of Dec '25, the median home price in Garretson, SD is $377,000, with a year-over-year change of 2.7%. This indicates that home prices in Garretson, SD are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$377,000	2.7%
Single Family	$377,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Garretson, SD

As of July '25, Rentcast reports the average rent in Garretson, SD is $725, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Garretson, SD is 1-bedrooms: $681, 3-bedrooms: $900. The most common rental property sizes in Garretson, SD are 2-bedroom and 1-bedroom, accounting for 65.4% and 9.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$699	$725
Studio Rent	N/A	N/A
1 Bed Rent	$699	$681
2 Bed Rent	N/A	N/A
3 Bed Rent	$900	$900
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.6%

1 Bedroom

9.6%

2 Bedrooms

65.4%

3 Bedrooms

6.6%

4 Bedrooms

6.6%

5+ Bedrooms

5.3%

Property Listings — Garretson, SD

As of Dec '25, Realtor.com reports that the median days on market for a home in Garretson, SD is 81. This is a increase of 18.0% 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	$326,000	-11.0%
Listing Count	11	-27.0%
Listings as % of Homes	0.5%	-27.0%
Days on Market	75	-10.0%

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Demographics — Garretson, SD

As of the latest ACS Survey released in 2023, Garretson, SD has a population of 2,620, which has decreased by -9.7% over the past 5 years. Garretson, SD is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,620	-9.7%
% Under 18	20.4%	-24.2%
% Seniors	18.9%	45.4%
% WFH	12.0%	48.1%
% w/ College Degree	29.2%	20.7%

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As of the latest ACS Survey released in 2023, Garretson, SD is a predominantly white area, with 91.5% 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 Garretson, SD is hispanic, making up 0.5% of the population. Foreign-born residents account for 0.2% of the population in Garretson, SD, and this percentage has decreased by 81.8% 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	91.5%	0.3%
% Black	0.1%	-96.0%
% Hispanic	0.5%	-84.8%
% Asian	0.0%	-100.0%
% Foreign Born	0.2%	-81.8%

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Mortgage and Risk — Garretson, SD

According to HUD data as of 2023, there were 124 mortgage originations in Garretson, SD, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Garretson, SD. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	124
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Garretson, SD

Garretson, 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	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$101	$699	$800
2 Bedroom	N/A	N/A	$940
3 Bedroom	$380	$900	$1,280
4 Bedroom	N/A	N/A	$1,600

Garretson, SD—57030

Key Metrics at a Glance

Home Price Trends — Garretson, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garretson, SD

% of Rental Stock

Property Listings — Garretson, SD

Demographics — Garretson, SD

Race and Ethnicity

Mortgage and Risk — Garretson, SD

Mortgages

Rentals and Section 8 — Garretson, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Garretson, SD

Home Price to Income Ratio

Garretson, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Brandon, SD

Valley Springs, SD

Sioux Falls, SD

Sioux Falls, SD

Sioux Falls, SD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$377,000
Median Household Income	$83,900

Garretson, SD—57030

Key Metrics at a Glance

Home Price Trends — Garretson, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garretson, SD

% of Rental Stock

Property Listings — Garretson, SD

Demographics — Garretson, SD

Race and Ethnicity

Mortgage and Risk — Garretson, SD

Mortgages

Rentals and Section 8 — Garretson, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Garretson, SD

Home Price to Income Ratio

Garretson, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Brandon, SD

Valley Springs, SD

Sioux Falls, SD

Sioux Falls, SD

Sioux Falls, SD

Frequently Asked Questions

What is the average home price in Garretson, SD 57030?

How have home prices in Garretson, SD 57030 changed over the past year?

What is the home price projection for Garretson, SD 57030?

What are the demographics of Garretson, SD 57030?

How long does it take homes to sell in Garretson, SD 57030?

What is the average rent price in Garretson, SD 57030?