57039 — Lincoln County, South Dakota Market Snapshot
Housing market data for zip code 57039 in Lincoln County, South Dakota. Updated monthly with median prices, days on market, and more.
Market Sales Data
13 sales in 2026 (year to date)
Median Sale Price
$342,500
Days to Sell
95
Homes Sold
13
Inventory
13
Sale-to-List
99.7%
New Listings
15
Price/SqFt
$275
Pending Sales
21
Conforming Loan Available
Most homebuyers in 57039 can comfortably use conventional financing. The median home price of $342,500 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
With homes sitting for 95 days on average, 57039 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 57039 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 57039 can comfortably use conventional financing. The median home price of $342,500 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 57039 are set at the county level.
2026 Loan Limits — Lincoln 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 57039
To purchase the median home at $342,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,774.
Monthly Payment
$2,774
Income Required
$118,891
Principal & Interest
$2,110/mo
Down Payment (5%)
$17,125
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 57039.
Estimated Monthly Payment
$2,270
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