57780, Scenic, SD

The 57780 zip code of Scenic, SD has a median home value of $119,000. The home equity in this zip code is $37,000. This means that the majority of homes in this zip code are worth more than their original mortgage. Additionally, the average home price in this zip code has increased by 2% over the past year.

There are a number of factors that may contribute to the increase in home prices in this zip code. One reason may be that there is a low supply of homes available for sale in this area. Additionally, many people who live in this zip code are likely to have good credit and be able to afford a higher mortgage payment than other buyers. Finally, many people who live in this area may be comfortable with living near nature and enjoy hiking or biking trails nearby. These factors may all contribute to an increase in demand for homes within the 57780 zip code.