Yankton, SD—57078

As of Aug '25, the median home price in Yankton, SD is $270,000, with a year-over-year change of 1.7%. This indicates that home prices in Yankton, SD are increasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Yankton, SD is 73. This is an increase of 33.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Yankton, SD in that year was 245. 71.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 71.0%. Of those, 35.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Yankton, SD. Investor activity in Yankton, SD is low, as 2.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.