Active Listings
5
⇩ 16.7% vs 6 last year
Population: 950 · Density: 2.5/mi² · Median household income: $69,500
Typical home value: $182,105 · Homeownership: 78.9%
Data as of January 2026. Source: Realtor.com.
The LAKE PRESTON, SD real estate market (57249) currently shows 5 active listings. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 57 days on market compared to 102 days last year.
The median listing price has fallen 11.5% year-over-year, from $248,400 to $219,900.
Whether you are buying or selling in LAKE PRESTON, 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 $ |
|---|---|---|---|---|---|---|
| 57249 | Lake Preston, SD 57249 | 0.0 mi | 5 | $2,100,500 | $219,900 | $420,100 |
| 57212 | Arlington, SD 57212 | 10.9 mi | 3 | $1,244,799 | $369,900 | $414,933 |
| 57248 | Lake Norden, SD 57248 | 16.8 mi | 8 | $2,737,368 | $339,000 | $342,171 |
| 57054 | Ramona, SD 57054 | 18.0 mi | 1 | $109,900 | $109,900 | $109,900 |
| 57220 | Bruce, SD 57220 | 22.7 mi | 2 | $550,000 | $275,000 | $275,000 |
| 57353 | Iroquois, SD 57353 | 23.2 mi | 2 | $423,900 | $211,950 | $211,950 |
| 57278 | Willow Lake, SD 57278 | 24.6 mi | 1 | $239,000 | $239,000 | $239,000 |
| 57234 | Estelline, SD 57234 | 27.7 mi | 6 | $3,099,402 | $524,900 | $516,567 |
| 57042 | Madison, SD 57042 | 29.2 mi | 40 | $18,132,040 | $392,800 | $453,301 |
| 57075 | Wentworth, SD 57075 | 32.6 mi | 10 | $9,333,180 | $802,450 | $933,318 |
| 57017 | Colman, SD 57017 | 35.9 mi | 2 | $1,114,900 | $557,450 | $557,450 |
| 57016 | Chester, SD 57016 | 38.9 mi | 3 | $2,208,399 | $769,000 | $736,133 |
| 57201 | Watertown, SD 57201 | 41.1 mi | 92 | $32,600,108 | $329,900 | $354,349 |
As of January 2026, there are 5 active listings in LAKE PRESTON, SD (zip code 57249), compared to 6 the prior year.
The median listing price in LAKE PRESTON, SD 57249 is $219,900 as of January 2026, a 11.5% decrease from $248,400 the prior year.
Homes in LAKE PRESTON, SD 57249 spend an average of 57 days on the market before going under contract, compared to 102 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE PRESTON, SD 57249 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 102 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE PRESTON, SD 57249 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.