Letcher, SD—57359
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Letcher, SD
Letcher, SD lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Letcher, SD
Letcher, 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 — Letcher, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Letcher, SD is 74. 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 | $31,000 | -88.0% |
Listing Count | 2 | -14.0% |
| Listings as % of Homes | N/A | -14.0% |
Days on Market | 74 | -17.0% |
Demographics — Letcher, SD
As of the latest ACS Survey released in 2023, Letcher, SD has a population of 632, which has decreased by -25.5% over the past 5 years. Letcher, SD is a popular place for families, as children make up 29.3% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 632 | -25.5% |
% Under 18 | 29.3% | 15.4% |
% Seniors | 16.1% | 0.6% |
% WFH | 18.0% | 56.5% |
% w/ College Degree | 25.8% | 56.4% |
As of the latest ACS Survey released in 2023, Letcher, SD is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Letcher, SD is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.9% of the population in Letcher, SD, and this percentage has increased by 125.0% 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 | 94.5% | -0.5% |
% Black | 0.0% | N/A |
% Hispanic | 2.5% | -24.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — Letcher, SD
Letcher, SD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Letcher, SD
Letcher, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $800 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Letcher, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $101,000 |