House Prices

House Prices & Home Values Lake Norden, SD 2026


Average Data

average house price$276,584
average size per house1997 ft²
average price per ft²139 $ / ft²

02/08/2026 - The value range (VR) for house prices in Lake Norden, SD is $139/ sqft to $139/ sqft. An average home with 1997 sqft costs approximately $277,583 to $277,583. Lake Norden, SD includes 1 ZIP codes and it is located in Hamlin county. The lowest prices are found in ZIP 57248, while the highest are in ZIP 57248. The average price per sqare feet is $139. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Lake Norden

57248127 $ / ft²




Historical development of home values in Lake Norden

Year Estimated value (USD) Change vs. 2025
2010 $128,451 -53.6%
2011 $123,483 -55.4%
2012 $123,151 -55.5%
2013 $127,754 -53.8%
2014 $134,106 -51.5%
2015 $140,989 -49.0%
2016 $148,347 -46.4%
2017 $156,354 -43.5%
2018 $164,998 -40.3%
2019 $172,649 -37.6%
2020 $181,574 -34.4%
2021 $206,521 -25.3%
2022 $240,757 -13.0%
2023 $253,889 -8.2%
2024 $268,577 -2.9%
2025 $276,584 0.0%

Graph: estimated home values in Lake Norden over time (USD)



Example: 100% financing house in Lake Norden

Loan amount: $276,584

Interest rate: 6.00%

Fixed monthly payment: $1,658.26

Breakdown in the 1st month:
Interest portion: $1,382.92  –  Principal portion: $275.34

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,502.65 $3,396.48 $273,187.52
2 $16,293.16 $3,605.97 $269,581.54
3 $16,070.75 $3,828.38 $265,753.16
4 $15,834.62 $4,064.51 $261,688.66
5 $15,583.93 $4,315.20 $257,373.46
6 $15,317.78 $4,581.35 $252,792.11
7 $15,035.21 $4,863.92 $247,928.20
8 $14,735.22 $5,163.91 $242,764.29
9 $14,416.72 $5,482.41 $237,281.88
10 $14,078.58 $5,820.55 $231,461.33
11 $13,719.58 $6,179.55 $225,281.77
12 $13,338.44 $6,560.69 $218,721.08
13 $12,933.79 $6,965.34 $211,755.74
14 $12,504.18 $7,394.95 $204,360.79
15 $12,048.08 $7,851.05 $196,509.74
16 $11,563.84 $8,335.29 $188,174.45
17 $11,049.74 $8,849.39 $179,325.05
18 $10,503.93 $9,395.20 $169,929.85
19 $9,924.45 $9,974.68 $159,955.17
20 $9,309.24 $10,589.89 $149,365.28
21 $8,656.07 $11,243.06 $138,122.22
22 $7,962.63 $11,936.50 $126,185.72
23 $7,226.41 $12,672.72 $113,513.00
24 $6,444.78 $13,454.35 $100,058.65
25 $5,614.95 $14,284.18 $85,774.47
26 $4,733.93 $15,165.20 $70,609.27
27 $3,798.58 $16,100.55 $54,508.72
28 $2,805.53 $17,093.60 $37,415.12
29 $1,751.23 $18,147.90 $19,267.22
30 $631.91 $19,267.22 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Norden, SD


1500 sqft3900 sqft
Ø selling price$252,286$536,679
Ø fast selling$229,351$483,012
Ø high price sale$275,220$590,347

In 2026, houses in Lake Norden, SD will be offered at an average price of $139 per square foot. A 1,500 sqft home priced at $252,286 is 20.95% more expensive per square foot than a 3,900 sqft home priced at $536,679. Home prices in Lake Norden, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $371,548. Sellers who can wait longer may achieve a higher price of up to $454,114.


Explore Lake Norden, SD

Nestled in Hamlin County, Lake Norden, South Dakota, blends small-town charm with access to prairie lakes and open skies.

Location and Landscape

The city sits near glacial lakes that define the Prairie Lakes region, offering scenic shorelines and fertile farmland.
Four-season weather brings vivid summers, crisp autumns, snowy winters, and breezy springs that shape local life.

Community and Lifestyle

Residents enjoy a friendly, close-knit community with strong ties to agriculture, education, and volunteer spirit.
Local services, faith communities, and civic groups support a high quality of life for families and retirees.

Economy and Industry

The local economy features agri-business, manufacturing, and food processing, anchored by regional employers that draw talent from across northeastern South Dakota.
Entrepreneurs and small shops contribute to a resilient Main Street presence and essential services.

Recreation and Attractions

Fishing, boating, snowmobiling, and birding make Lake Norden, SD, a year-round base for outdoor recreation on nearby lakes and public lands.
Family-friendly parks, baseball traditions, and community events offer fun for visitors and locals alike.

Plan Your Visit

Whether you are planning a weekend escape or exploring relocation options, Lake Norden welcomes you with Midwestern hospitality and room to roam.



FAQ – Home Values in Lake Norden

What is the median home value in Lake Norden in 2026?

In 2026, the typical home value in Lake Norden is about $276,584 for an average home size of 1997 square feet. This corresponds to an average price of roughly $139 per square foot.

What is the average cost per square foot in Lake Norden?

In 2026, homes in Lake Norden sell for an average of around $139 per square foot, with a typical range between $139 and $139 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake Norden is about 1997 square feet, with an estimated 2026 value around $276,584.



Locations close to Lake Norden, SD

Lake Preston, SD191 $ / ft²
Marvin, SD61 $ / ft²
Milbank, SD58 $ / ft²
Lake City, SD51 $ / ft²
Labolt, SD148 $ / ft²
Kranzburg, SD158 $ / ft²
  imprint  Privacy