57106 — Lincoln County, South Dakota Market Snapshot
Housing market data for zip code 57106 in Lincoln County, South Dakota. Updated monthly with median prices, days on market, and more.
Market Sales Data
187 sales in 2026 (year to date)
Median Sale Price
$334,900
Days to Sell
21
Homes Sold
187
Inventory
123
Sale-to-List
99.2%
New Listings
261
Price/SqFt
$188
Pending Sales
229
Conforming Loan Available
Most homebuyers in 57106 can comfortably use conventional financing. The median home price of $334,900 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 57106 are moving quickly at 21 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 57106 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 57106 can comfortably use conventional financing. The median home price of $334,900 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 57106 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 57106
To purchase the median home at $334,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,716.
Monthly Payment
$2,716
Income Required
$116,396
Principal & Interest
$2,064/mo
Down Payment (5%)
$16,745
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 57106.
Estimated Monthly Payment
$2,223
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