Population: 1,034 · Density: 0.9/mi² · Median household income: $70,469
Typical home value: $137,580 · Homeownership: 75.9%
Data as of January 2026. Source: Realtor.com.
The FAULKTON, SD real estate market (57438) currently shows 2 active listings. Homes are averaging 109 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 109 days on market compared to 156 days last year.
The median listing price has risen 76.7% year-over-year, from $125,875 to $222,450.
Whether you are buying or selling in FAULKTON, 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 $ |
|---|---|---|---|---|---|---|
| 57438 | Faulkton, SD 57438 | 0.0 mi | 2 | $443,200 | $222,450 | $221,600 |
| 57465 | Northville, SD 57465 | 23.4 mi | 1 | $125,000 | $125,000 | $125,000 |
| 57451 | Ipswich, SD 57451 | 27.4 mi | 6 | $1,721,826 | $209,500 | $286,971 |
| 57469 | Redfield, SD 57469 | 31.9 mi | 12 | $2,670,396 | $150,000 | $222,533 |
| 57461 | Mellette, SD 57461 | 35.7 mi | 2 | $374,000 | $187,000 | $187,000 |
| 57345 | Highmore, SD 57345 | 37.5 mi | 1 | $93,500 | $93,500 | $93,500 |
| 57401 | Aberdeen, SD 57401 | 41.3 mi | 82 | $29,364,200 | $335,000 | $358,100 |
| 57371 | Ree Heights, SD 57371 | 44.2 mi | 1 | $75,000 | $75,000 | $75,000 |
| 57564 | Onida, SD 57564 | 48.4 mi | 1 | $194,000 | $194,000 | $194,000 |
| 57427 | Bath, SD 57427 | 49.5 mi | 1 | $380,000 | $380,000 | $380,000 |
| 57472 | Selby, SD 57472 | 52.3 mi | 3 | $944,901 | $250,000 | $314,967 |
| 57437 | Eureka, SD 57437 | 54.2 mi | 0 | $0 | $105,000 | $105,000 |
| 57384 | Wolsey, SD 57384 | 55.7 mi | 2 | $499,800 | $249,900 | $249,900 |
As of January 2026, there are 2 active listings in FAULKTON, SD (zip code 57438), compared to 1 the prior year.
The median listing price in FAULKTON, SD 57438 is $222,450 as of January 2026, a 76.7% increase from $125,875 the prior year.
Homes in FAULKTON, SD 57438 spend an average of 109 days on the market before going under contract, compared to 156 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FAULKTON, SD 57438 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 109 days on market compared to 156 days last year.
With SELL123.com's maximum 3% commission, sellers in FAULKTON, SD 57438 save an estimated $4,449 compared to a typical 5% commission on the median listing price of $222,450. 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.