Median home value is about $419,600 — about 21% above the U.S. median home value ($348,079).
Housing tenure and rents show owner-occupancy near 92.9% (about 27.5 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 57055 in Renner Corner, SD, a household would need roughly $115,000 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 $2,695. That is roughly in line with the local median household income ($104,531). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.