Volga, SD—57071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Volga, SD
As of Oct '25, the median home price in Volga, SD is $322,000, with a year-over-year change of 5.6%. This indicates that home prices in Volga, SD are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | 5.6% |
| Single Family | $322,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $245,000 | 6.1% |
3 Bed | $308,000 | 4.4% |
4 Bed | $347,000 | 5.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Volga, SD
As of July '25, Rentcast reports the average rent in Volga, SD is $1,020, with a year-over-year rent change of 41.3%. Per bedroom, the median rent as of July '25 in Volga, SD is 2-bedrooms: $1,020. The most common rental property sizes in Volga, SD are 2-bedroom and 3-bedroom, accounting for 60.6% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,020 | $1,020 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Volga, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Volga, SD is 42. This is a decrease of -17.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 31.0% |
Listing Count | 4 | -63.0% |
| Listings as % of Homes | 0.4% | -63.0% |
Days on Market | 42 | -17.0% |
Demographics — Volga, SD
As of the latest ACS Survey released in 2023, Volga, SD has a population of 3,210, which has increased by 4.2% over the past 5 years. Volga, SD is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 35.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,210 | 4.2% |
% Under 18 | 26.4% | -4.3% |
% Seniors | 14.2% | -11.3% |
% WFH | 8.9% | -33.6% |
% w/ College Degree | 35.0% | 13.6% |
As of the latest ACS Survey released in 2023, Volga, SD is a predominantly white area, with 95.5% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Volga, SD is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.4% of the population in Volga, SD, and this percentage has increased by 7.7% 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 | 95.5% | 0.1% |
% Black | 0.1% | ∞% |
% Hispanic | 1.9% | -40.6% |
% Asian | 0.8% | -27.3% |
% Foreign Born | 1.4% | 7.7% |
Mortgage and Risk — Volga, SD
According to HUD data as of 2023, there were 71 mortgage originations in Volga, SD, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Volga, SD. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Volga, SD
Volga, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 0 |
% 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 | N/A | N/A | $830 |
| 2 Bedroom | -$20 | $1,020 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Volga, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $322,000 |
| Median Household Income | $74,000 |