57340 — Hanson County, South Dakota Market Snapshot
Housing market data for zip code 57340 in Hanson County, South Dakota. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Hanson County county page for broader data.
Market Sales Data
1 sales in 2025
Median Sale Price
$68,000
Days to Sell
20
Homes Sold
1
Inventory
N/A
Conforming Loan Available
Most homebuyers in 57340 can comfortably use conventional financing. The median home price of $68,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 57340 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 57340 can comfortably use conventional financing. The median home price of $68,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 57340 are set at the county level.
2026 Loan Limits — Hanson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 57340
To purchase the median home at $68,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $671.
Monthly Payment
$671
Income Required
$28,757
Principal & Interest
$419/mo
Down Payment (5%)
$3,400
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 57340.
Estimated Monthly Payment
$571
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 57340. Tell us what you're looking for.