Harrisburg, SD 57032 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Harrisburg, SD—57032

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$356,000

2.1% YoY Growth

Household Income

$107,000

34.8% YoY Growth

Days on Market

17.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$1,350

8.6% YoY Growth

1-Bed Rent

$950

3.0% YoY Growth

2-Bed Rent

$1,300

2.4% YoY Growth

3-Bed Rent

$1,650

8.6% YoY Growth

Home Price Trends — Harrisburg, SD

As of Nov '25, the median home price in Harrisburg, SD is $356,000, with a year-over-year change of 2.1%. This indicates that home prices in Harrisburg, SD are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$356,000	2.1%
Single Family	$356,000	1.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Harrisburg, SD

As of July '25, Rentcast reports the average rent in Harrisburg, SD is $1,480, with a year-over-year rent change of -8.6%. Per bedroom, the median rent as of July '25 in Harrisburg, SD is 1-bedrooms: $935, 2-bedrooms: $1,210, 3-bedrooms: $1,810. The most common rental property sizes in Harrisburg, SD are 3-bedroom and 2-bedroom, accounting for 46.7% and 30.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,350	$1,480
Studio Rent	N/A	N/A
1 Bed Rent	$950	$935
2 Bed Rent	$1,300	$1,210
3 Bed Rent	$1,650	$1,810
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

8.4%

1 Bedroom

11.5%

2 Bedrooms

30.3%

3 Bedrooms

46.7%

4 Bedrooms

2.2%

5+ Bedrooms

1.0%

Property Listings — Harrisburg, SD

As of Nov '25, Realtor.com reports that the median days on market for a home in Harrisburg, SD is 58. This is a increase of 17.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$420,000	1.0%
Listing Count	71	-29.0%
Listings as % of Homes	2.2%	-29.0%
Days on Market	58	17.0%

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Demographics — Harrisburg, SD

As of the latest ACS Survey released in 2023, Harrisburg, SD has a population of 9,560, which has increased by 18.5% over the past 5 years. Harrisburg, SD is a popular place for families, as children make up 31.6% of the population. The area has a moderately educated workforce, with 37.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,560	18.5%
% Under 18	31.6%	-8.1%
% Seniors	6.0%	-13.0%
% WFH	11.0%	197.3%
% w/ College Degree	37.8%	-8.9%

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As of the latest ACS Survey released in 2023, Harrisburg, SD is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Harrisburg, SD is hispanic, making up 3.8% of the population. Foreign-born residents account for 2.1% of the population in Harrisburg, SD, and this percentage has increased by 162.5% 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	90.5%	-3.4%
% Black	0.0%	-100.0%
% Hispanic	3.8%	442.9%
% Asian	0.9%	∞%
% Foreign Born	2.1%	162.5%

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Mortgage and Risk — Harrisburg, SD

According to HUD data as of 2023, there were 402 mortgage originations in Harrisburg, SD, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, SD. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	402
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Harrisburg, SD

Harrisburg, SD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	43
Total Units Section 8	43
% Rentals under Section 8	6.7%
% Occupied Section 8	72.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$100	$950	$1,050
2 Bedroom	-$80	$1,300	$1,220
3 Bedroom	$20	$1,650	$1,670
4 Bedroom	N/A	N/A	$2,050

Harrisburg, SD—57032

Key Metrics at a Glance

Home Price Trends — Harrisburg, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Harrisburg, SD

% of Rental Stock

Property Listings — Harrisburg, SD

Demographics — Harrisburg, SD

Race and Ethnicity

Mortgage and Risk — Harrisburg, SD

Mortgages

Rentals and Section 8 — Harrisburg, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Harrisburg, SD

Home Price to Income Ratio

Harrisburg, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Sioux Falls, SD

Sioux Falls, SD

Sioux Falls

Sioux Falls, SD

Worthing, SD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$356,000
Median Household Income	$107,000

Harrisburg, SD—57032

Key Metrics at a Glance

Home Price Trends — Harrisburg, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Harrisburg, SD

% of Rental Stock

Property Listings — Harrisburg, SD

Demographics — Harrisburg, SD

Race and Ethnicity

Mortgage and Risk — Harrisburg, SD

Mortgages

Rentals and Section 8 — Harrisburg, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Harrisburg, SD

Home Price to Income Ratio

Harrisburg, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Sioux Falls, SD

Sioux Falls, SD

Sioux Falls

Sioux Falls, SD

Worthing, SD

Frequently Asked Questions

What is the average home price in Harrisburg, SD 57032?

How have home prices in Harrisburg, SD 57032 changed over the past year?

What is the home price projection for Harrisburg, SD 57032?

What are the demographics of Harrisburg, SD 57032?

How long does it take homes to sell in Harrisburg, SD 57032?

What is the average rent price in Harrisburg, SD 57032?