How much is a home worth in ZIP code 57104?

The typical home in 57104 is worth $222,903, based on the Zillow Home Value Index.

Are home values rising in 57104?

Home values in 57104 are up 0.2% over the past year, and up 6.7% a year over five years.

What is the typical rent in 57104?

A typical home in 57104 rents for about $1,196 a month, a gross rental yield of 6.4%.

What is the property tax rate in 57104?

The effective property tax rate in 57104 is 1.1% — roughly $2,433 a year on a typical home.

ZIP code 57104 has a population of 26,963 and a median household income of $57,688.

HousingHandbookReference data

…

U.S. ZIP Code · SD57104

Minnehaha County · Sioux Falls, SD-MN

Typical home value

$222,903^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.2%
5-year / yr: +6.7%
10-year / yr: +7.0%

Relative price

vs U.S.: -21.5%
vs metro: -32.1%
vs state: -25.1%

Price history

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

The typical home in 57104 is worth $222,903 — 32.1% below the Sioux Falls, SD-MN median. Over the past year, values have risen 0.2%. Homes here rent for a typical $1,196 a month — a 6.4% 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: $1,196^[2]
Gross yield: 6.4%^[2]
Cap rate: 3.9%^[2]

#Property tax

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

Effective tax rate: 1.1%^[3]
Typical annual tax: $2,433^[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: 26,963^[3]
Median household income: $57,688^[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: 15
Elementary: 6
Middle: 2
High: 4

Garfield Elementary - 19
Elementary · Grades PK–5 · Sioux Falls School District 49-5
591 students
Hawthorne Elementary - 56
Elementary · Grades PK–5 · Sioux Falls School District 49-5
458 students
Lowell Elementary - 28
Elementary · Grades PK–5 · Sioux Falls School District 49-5
423 students
All City Elementary - 50
Elementary · Grades K–5 · Sioux Falls School District 49-5
145 students
Elementary Immersion Center - 43
Elementary · Grades K–5 · Sioux Falls School District 49-5
79 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 yield6.4%

Net yield (after ~40% expenses)3.9%

Annual rent$14,353

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$1,127

Loan principal$178,322

Down payment$44,581

Total interest paid$227,441

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 ratio1.27

Monthly cost to own$1,515

Monthly rent$1,196

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: 56th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 78th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 57104?: The typical home in 57104 is worth $222,903, based on the Zillow Home Value Index.
Are home values rising in 57104?: Home values in 57104 are up 0.2% over the past year, and up 6.7% a year over five years.
What is the typical rent in 57104?: A typical home in 57104 rents for about $1,196 a month, a gross rental yield of 6.4%.
What is the property tax rate in 57104?: The effective property tax rate in 57104 is 1.1% — roughly $2,433 a year on a typical home.
Who lives in 57104?: ZIP code 57104 has a population of 26,963 and a median household income of $57,688.

#Comparable ZIPs

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

57319 vs 57104 →
Bridgewater, SD
Typical home
$228,808
Gross yield
—
56144 vs 57104 →
Jasper, MN
Typical home
$204,487
Gross yield
—
56138
Hills, MN
Typical home
$242,063
Gross yield
—
57058
Salem, SD
Typical home
$252,791
Gross yield
—
57070
Viborg, SD
Typical home
$253,703
Gross yield
—
56156
Luverne, MN
Typical home
$261,142
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 57104 against any other ZIP — full side-by-side table.

Compare 57104 →

#Jump to section

U.S. ZIP Code · SD57104

Get more data on ZIPs like this

Get more data on ZIPs like this