57301 — Davison County, South Dakota Market Snapshot
Housing market data for zip code 57301 in Davison County, South Dakota. Updated monthly with median prices, days on market, and more.
Market Sales Data
54 sales in 2026 (year to date)
Median Sale Price
$244,700
Days to Sell
42
Homes Sold
54
Inventory
36
Sale-to-List
96.0%
New Listings
70
Price/SqFt
$140
Pending Sales
65
Conforming Loan Available
Most homebuyers in 57301 can comfortably use conventional financing. The median home price of $244,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
57301's market is balanced with homes taking an average of 42 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 57301 sells for 4.0% below asking price (96.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 57301 can comfortably use conventional financing. The median home price of $244,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 57301 are set at the county level.
2026 Loan Limits — Davison County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 57301
To purchase the median home at $244,700 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,025.
Monthly Payment
$2,025
Income Required
$86,778
Principal & Interest
$1,508/mo
Down Payment (5%)
$12,235
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 57301.
Estimated Monthly Payment
$1,664
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