US5.com
  1. Home
  2. States
  3. South Dakota
  4. ZIP 57356
  5. Housing & Real Estate
Lakeview Colony CDP, SD

ZIP 57356 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 57356

Median Home Value
$113,800
Median Rent
$425
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$731/mo PITI).

10%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.3 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 57356 in Lakeview Colony CDP, SD, a household would need roughly $31,000 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 $731. That sits below the local median household income ($52,647), 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

Vacancy rate 28% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
70.3%+8% vs US avg
x
Vacancy Rate
27.6%+168% vs US avg
x
Broadband Access
78.0%-10% vs US avg
x
4+ Bedrooms
4.9%-67% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
1.0%-86% vs US avg
x
Rent Burden >30%
13.8%-72% vs US avg
x
Mortgage-Free
76.0%+99% vs US avg
x
$113,800
Home Value
$425
Rent
1972
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached81.5%
  • 1-unit attached3.0%
  • 2-9 units6.4%
  • 10+ units0.1%
  • Mobile home & other9.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$113,800
Median rent$425
Owner-occupied70.3%
Vacant27.6%
Price-to-income2.2x
Est. income to buy$31,000