57248
Erwin, South Dakota.
Erwin, Hamlin County, SD · Watertown, SD metro · population 1,295
to buy the typical home at today's mortgage rate — +$1,235 (+160%) since Jan 2020.
- 1 year
- Up $44,662 +13%
- $337,448$382,110 since Sep 2025
- 5 years
- Up $121,416 +47%
- $260,695$382,110 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 57248$2,006
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in zip 57248 rose 13.2% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Hamlin County, SD 83% · Kingsbury County, SD 17%
Typical home value — 57248
Mid-tier homes, smoothed and seasonally adjusted.
- 57248$382,110
- Watertown$336,249
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.2 | 57241 | Hayti | 936 | — | $313,563 |
| 12.7 | 57221 | Bryant | 1,158 | — | $290,272 |
| 12.9 | 57223 | Castlewood | 1,429 | — | $339,808 |
| 14.0 | 57212 | Arlington | 1,819 | — | $315,709 |
| 14.5 | 57234 | Estelline | 1,339 | — | $287,747 |
| 15.6 | 57242 | Hazel | 320 | — | $517,716 |
| 15.9 | 57220 | Bruce | 665 | — | $358,618 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.