US5.com
  1. Home
  2. States
  3. South Dakota
  4. ZIP 57481
  5. Housing & Real Estate
Long Lake Colony CDP, SD

ZIP 57481 — 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 57481

Median Home Value
$201,000
Median Rent
N/A
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,291/mo PITI).

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

To comfortably buy a median-priced home in ZIP 57481 in Long Lake Colony CDP, SD, a household would need roughly $55,000 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 $1,291. That sits below the local median household income ($66,000), 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 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
94.0%+44% vs US avg
x
Vacancy Rate
15.7%+53% vs US avg
x
Broadband Access
93.3%+7% vs US avg
x
4+ Bedrooms
18.0%+21% vs US avg
x
Built Pre-1939
5.6%-56% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
57.5%+50% vs US avg
x
$201,000
Home Value
N/A
Rent
1974
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached86.0%
  • 1-unit attached6.2%
  • 2-9 units3.9%
  • 10+ units0.0%
  • Mobile home & other3.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$201,000
Median rent$-666,666,666
Owner-occupied94.0%
Vacant15.7%
Price-to-income3.0x
Est. income to buy$55,000