Lake Preston, SD Housing Statistics

A+

58%

Med. Home Val. NAT. AVG.

55%

Rent NAT. AVG.

5%

Owner Occ. NAT. AVG.

Lake Preston Housing Information

Index	Lake Preston	South Dakota	National
Median home price	$137,742	$260,531	$326,622
Median rent asked	$657	$1,032	$1,444
Avg. people per household	1.7	2.4	2.6
Owner occupied households	66.8%	67.8%	63.6%
Renter occupied households	33.2%	32.2%	36.4%

Homes For Sale In Lake Preston, SD

Lot 27 Hauck's Bay Addition

Lake Preston, SD

304 Walter Ave S

Lake Preston, SD

Lake Preston Housing Market

Monthly market trends

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Housing Quick Facts

The median home price in Lake Preston is 58% lower than the national average.
The median rent asked in Lake Preston is 55% lower than the national average.
The average number of people per household in Lake Preston is 37% lower than the national average.
The number of owner occupied households in Lake Preston is 5% higher than the national average.
The number of renter occupied households in Lake Preston is 9% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Hetland, SD	10	$0	100%
Erwin, SD	56	$71,541	78%
Oldham, SD	135	$72,476	78%
Badger, SD	98	$98,265	70%
Arlington, SD	1,035	$193,719	41%
Lake Preston, SD	461	$137,742	58%

Cities with similar population

	Population	Home Price	National Avg.
Wesley, IA	461	$140,016	57%
Altura, MN	461	$244,261	25%
Avery, CA	461	$509,190	56%
Pembina, ND	461	$194,722	40%
Hallsboro, NC	461	$475,341	46%
Lake Preston, SD	461	$137,742	58%

Source: The Lake Preston, SD housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.