57544, Kennebec, SD

The home equity and home prices in the 57544 zip code of Kennebec, SD are reflective of the overall market conditions in the area. Over the past five years, home values have increased by an average of 3.5%. While this is slower than the national average of 4.1%, it is still a positive trend for homeowners in this area.

There are a number of factors that contribute to home value growth, including population growth, job creation, and inflationary pressures. In addition, interest rates have remained relatively low over the past few years, which has helped to support demand for homes.

Overall, homeowners in the 57544 zip code are doing well financially. This is evidenced by the fact that there is an above-average rate of home ownership among residents here (69%). Additionally, while there has been some price appreciation recently, most homes remain affordable relative to other areas within South Dakota.