Is Humboldt, SD 57035 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Humboldt is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Humboldt housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Minnehaha County, SD

Population	1,591
Median income	$99,565
Average income	$111,642
Median home value	$326,500
Median rent	$745/month
Owner-occupied	95% of homes
Median year built	1978

Natural hazard riskTornadoes (very high), winter storms (very high), extreme heat (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 57035; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 57035

Prefilled for 57035Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57035Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baltic 57003Seller’s market $194 /sq ft Brandon 57005Seller’s market $189 /sq ft Colton 57018 $146 /sq ft Crooks 57020Balanced $169 /sq ft Browse all markets →

Towns like Humboldt nearby

Find towns like Humboldt in other states →

Colman, SD57017 · 27 miles away86% similarcheaper homes ($43K less) · older residents Parker, SD57053 · 15 miles away85% similarcheaper homes ($53K less) · more renters Larchwood, IA51241 · 34 miles away84% similarcheaper homes ($46K less) · more renters Inwood, IA51240 · 38 miles away80% similarcheaper homes ($94K less)

Where Humboldt is

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Questions about Humboldt real estate

What are property taxes in Humboldt?

About 1.14% of a home’s value a year in Minnehaha County, or roughly $4,560 on a $400,000 home.

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More tools for 57035

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Minnehaha County property taxes Minnehaha County loan limits Closing costs in South Dakota Hottest ZIP codes in South Dakota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology