Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lesterville

Learn about the people, housing, costs and businesses in Lesterville, South Dakota

Median Home$181,300
Median Rent$766/month
Population114
Leading IndustriesWholesale Trade · Construction · Information & Media13% wholesale trade
Home Value Growth⬆⬆⬆+40.8% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners84% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Lesterville
SD

Frequently Asked Questions

What are today's mortgage rates in Lesterville?

As of today, the 30-year fixed mortgage rate for Lesterville is approximately 6.998% (7.038% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lesterville
What is the median home price in Lesterville?

The median home value in Lesterville is $181k. The median monthly rent is $766. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lesterville?

Home values in Lesterville have increased 40.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lesterville?

Based on a typical all-in ownership cost of $1,014/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lesterville is $74k/year.

Calculate your buying power
What industries drive the economy in Lesterville?

The largest employment sectors in Lesterville are public administration (26%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.