Active Listings
5
⇧ 25% vs 4 last year
Data as of February 2026. Source: Realtor.com.
The LAKE PRESTON, SD real estate market (57249) currently shows 5 active listings, with 3 pending sales. Homes are averaging 118 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 118 days on market compared to 55 days last year.
The median listing price has risen 59.5% year-over-year, from $399,000 to $636,225.
Whether you are buying or selling in LAKE PRESTON, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 950 · Density: 2.5/mi² · Median household income: $69,500
Typical home value: $182,105 · Homeownership: 78.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57249 | Lake Preston, SD 57249 | 0.0 mi | 5 | $2,100,500 | $219,900 | $420,100 |
| 57212 | Arlington, SD 57212 | 10.9 mi | 3 | $1,244,799 | $369,900 | $414,933 |
| 57248 | Lake Norden, SD 57248 | 16.8 mi | 8 | $2,737,368 | $339,000 | $342,171 |
| 57054 | Ramona, SD 57054 | 18.0 mi | 1 | $109,900 | $109,900 | $109,900 |
| 57220 | Bruce, SD 57220 | 22.7 mi | 2 | $550,000 | $275,000 | $275,000 |
| 57353 | Iroquois, SD 57353 | 23.2 mi | 2 | $423,900 | $211,950 | $211,950 |
| 57278 | Willow Lake, SD 57278 | 24.6 mi | 1 | $239,000 | $239,000 | $239,000 |
| 57234 | Estelline, SD 57234 | 27.7 mi | 6 | $3,099,402 | $524,900 | $516,567 |
| 57042 | Madison, SD 57042 | 29.2 mi | 40 | $18,132,040 | $392,800 | $453,301 |
| 57075 | Wentworth, SD 57075 | 32.6 mi | 10 | $9,333,180 | $802,450 | $933,318 |
| 57017 | Colman, SD 57017 | 35.9 mi | 2 | $1,114,900 | $557,450 | $557,450 |
| 57016 | Chester, SD 57016 | 38.9 mi | 3 | $2,208,399 | $769,000 | $736,133 |
| 57201 | Watertown, SD 57201 | 41.1 mi | 92 | $32,600,108 | $329,900 | $354,349 |
As of February 2026, there are 5 active listings in LAKE PRESTON, SD (zip code 57249), compared to 4 the prior year.
The median listing price in LAKE PRESTON, SD 57249 is $636,225 as of February 2026, a 59.5% increase from $399,000 the prior year.
Homes in LAKE PRESTON, SD 57249 spend an average of 118 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAKE PRESTON, SD 57249 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 118 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE PRESTON, SD 57249 save an estimated $12,725 compared to a typical 5% commission on the median listing price of $636,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.