How much is a home worth in ZIP code 57005?

The typical home in 57005 is worth $390,708, based on the Zillow Home Value Index.

Are home values rising in 57005?

Home values in 57005 are up 1.2% over the past year, and up 5.5% a year over five years.

What is the typical rent in 57005?

A typical home in 57005 rents for about $1,035 a month, a gross rental yield of 3.2%.

What is the property tax rate in 57005?

The effective property tax rate in 57005 is 1.1% — roughly $4,460 a year on a typical home.

ZIP code 57005 has a population of 12,290 and a median household income of $112,500.

HousingHandbookReference data

…

U.S. ZIP Code · SD57005

Minnehaha County · Sioux Falls, SD-MN

Typical home value

$390,708^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.2%
5-year / yr: +5.5%
10-year / yr: +6.1%

Relative price

vs U.S.: +37.5%
vs metro: +19.1%
vs state: +31.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 57005 is worth $390,708 — 19.1% above the Sioux Falls, SD-MN median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,035 a month — a 3.2% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,035^[2]
Gross yield: 3.2%^[2]
Cap rate: 1.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $4,460^[3]

#Climate risk

FEMA National Risk Index ratings for Minnehaha County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 12,290^[3]
Median household income: $112,500^[3]

#Migration

Household moves in and out of Minnehaha County over a year, from IRS tax-return data.

Net migration: +599^[5]
Moved in: 7,181
Moved out: 6,582

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 2
High: 1

Brandon Valley High School - 01
High · Grades 9–12 · Brandon Valley School District 49-2
1,356 students
Brandon Valley Intermediate - 07
Middle · Grades 5–6 · Brandon Valley School District 49-2
785 students
Brandon Valley Middle School - 02
Middle · Grades 7–8 · Brandon Valley School District 49-2
719 students
Brandon Elementary - 03
Elementary · Grades PK–4 · Brandon Valley School District 49-2
681 students
Robert Bennis Elementary - 05
Elementary · Grades K–4 · Brandon Valley School District 49-2
562 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.2%

Net yield (after ~40% expenses)1.9%

Annual rent$12,420

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,976

Loan principal$312,567

Down payment$78,142

Total interest paid$398,661

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.58

Monthly cost to own$2,672

Monthly rent$1,035

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 18th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 86th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for fastest-growing in SDView list →

Frequently asked

How much is a home worth in ZIP code 57005?: The typical home in 57005 is worth $390,708, based on the Zillow Home Value Index.
Are home values rising in 57005?: Home values in 57005 are up 1.2% over the past year, and up 5.5% a year over five years.
What is the typical rent in 57005?: A typical home in 57005 rents for about $1,035 a month, a gross rental yield of 3.2%.
What is the property tax rate in 57005?: The effective property tax rate in 57005 is 1.1% — roughly $4,460 a year on a typical home.
Who lives in 57005?: ZIP code 57005 has a population of 12,290 and a median household income of $112,500.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

57030 vs 57005 →
Garretson, SD
Typical home
$390,374
Gross yield
—
57064 vs 57005 →
Tea, SD
Typical home
$384,739
Gross yield
4.3%
57048
Orland Colony CDP, SD
Typical home
$382,721
Gross yield
—
57033
Hartford, SD
Typical home
$402,219
Gross yield
3.5%
57015
Chancellor, SD
Typical home
$406,625
Gross yield
—
57020
Crooks, SD
Typical home
$369,255
Gross yield
—

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#Jump to section

U.S. ZIP Code · SD57005

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