Population: 175 · Density: 0.9/mi² · Median household income: $72,875
Typical home value: $220,745 · Homeownership: 73.0%
Data as of January 2026. Source: Realtor.com.
The LAKE CITY, SD real estate market (57247) currently shows 2 active listings. Homes are averaging 151 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 151 days on market compared to 169 days last year.
The median listing price has risen 138.4% year-over-year, from $345,000 to $822,500.
Whether you are buying or selling in LAKE CITY, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57247 | Lake City, SD 57247 | 0.0 mi | 2 | $1,645,000 | $822,500 | $822,500 |
| 57430 | Britton, SD 57430 | 14.6 mi | 6 | $1,128,402 | $133,000 | $188,067 |
| 57454 | Langford, SD 57454 | 16.9 mi | 1 | $74,000 | $74,000 | $74,000 |
| 58013 | Cayuga, ND 58013 | 24.2 mi | 1 | $159,900 | $159,900 | $159,900 |
| 58032 | Forman, ND 58032 | 26.0 mi | 2 | $594,900 | $297,450 | $297,450 |
| 57273 | Waubay, SD 57273 | 27.9 mi | 2 | $971,360 | $527,500 | $485,680 |
| 57422 | Andover, SD 57422 | 30.3 mi | 1 | $325,000 | $325,000 | $325,000 |
| 57219 | Bristol, SD 57219 | 34.0 mi | 2 | $433,900 | $216,950 | $216,950 |
| 57279 | Wilmot, SD 57279 | 35.1 mi | 2 | $1,849,900 | $924,950 | $924,950 |
| 58040 | Gwinner, ND 58040 | 37.3 mi | 3 | $839,700 | $279,900 | $279,900 |
| 56211 | Beardsley, MN 56211 | 38.6 mi | 1 | $15,000 | $15,000 | $15,000 |
| 57433 | Columbia, SD 57433 | 42.0 mi | 1 | $99,000 | $99,000 | $99,000 |
| 58030 | Fairmount, ND 58030 | 43.7 mi | 1 | $115,000 | $115,000 | $115,000 |
As of January 2026, there are 2 active listings in LAKE CITY, SD (zip code 57247), compared to 4 the prior year.
The median listing price in LAKE CITY, SD 57247 is $822,500 as of January 2026, a 138.4% increase from $345,000 the prior year.
Homes in LAKE CITY, SD 57247 spend an average of 151 days on the market before going under contract, compared to 169 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE CITY, SD 57247 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 151 days on market compared to 169 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, SD 57247 save an estimated $16,450 compared to a typical 5% commission on the median listing price of $822,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.