Parker, SD—57053
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Parker, SD
As of Oct '25, the median home price in Parker, SD is $338,000, with a year-over-year change of 10.2%. This indicates that home prices in Parker, SD are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | 10.2% |
| Single Family | $338,000 | 9.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | 5.2% |
3 Bed | $327,000 | 7.9% |
4 Bed | $383,000 | 8.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Parker, SD
Parker, 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 — Parker, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Parker, SD is 34. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -12.0% |
Listing Count | 15 | 21.0% |
| Listings as % of Homes | 0.5% | 21.0% |
Days on Market | 34 | -14.0% |
Demographics — Parker, SD
As of the latest ACS Survey released in 2023, Parker, SD has a population of 2,130, which has increased by 20.2% over the past 5 years. Parker, SD is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,130 | 20.2% |
% Under 18 | 26.8% | 1.5% |
% Seniors | 14.3% | -14.9% |
% WFH | 5.7% | -13.6% |
% w/ College Degree | 28.1% | -0.7% |
As of the latest ACS Survey released in 2023, Parker, SD is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Parker, SD is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.5% of the population in Parker, SD, and this percentage has increased by 114.3% 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 | 94.0% | -3.3% |
% Black | 1.6% | 220.0% |
% Hispanic | 3.9% | 160.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.5% | 114.3% |
Mortgage and Risk — Parker, SD
According to HUD data as of 2023, there were 99 mortgage originations in Parker, SD, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Parker, SD. Investor activity is low, as 8.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Parker, SD
Parker, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Parker, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $338,000 |
| Median Household Income | $92,700 |