US5.com
  1. Home
  2. States
  3. South Dakota
  4. ZIP 57040
  5. Housing & Real Estate
Lesterville town, SD

ZIP 57040 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 57040

Median Home Value
$116,700
Median Rent
$518
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$750/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 57040 in Lesterville town, SD, a household would need roughly $32,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $750. That sits below the local median household income ($90,865), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
85.5%+31% vs US avg
x
Vacancy Rate
9.3%-10% vs US avg
x
Broadband Access
77.8%-11% vs US avg
x
4+ Bedrooms
7.8%-48% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
23.5%-53% vs US avg
x
Mortgage-Free
52.0%+36% vs US avg
x
$116,700
Home Value
$518
Rent
1958
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.9%
  • 1-unit attached0.0%
  • 2-9 units3.1%
  • 10+ units0.0%
  • Mobile home & other14.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$116,700
Median rent$518
Owner-occupied85.5%
Vacant9.3%
Price-to-income1.3x
Est. income to buy$32,000