The story of this market
The typical home in ZIP 57018 sells for about $335,000, or $187 per square foot.
Prices are up +2.9% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $736 a month.
ZIP 57018 — Colton
The housing market in the Sioux Falls area, which includes ZIP 57018, shows moderate growth with a median sale price of $335,000. Market conditions are somewhat competitive with a 2.9% year-over-year price increase and a 31-day median time on market. Inventory remains constrained, supporting stable price appreciation.
Median prices moved up 2.9% year over year.
Homes spend a median of 31 days on market with 3.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 9.1% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 57018
Data retrieved from census.gov for ZCTA 57018.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.