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Foreclosure Homes in Lake Preston, SD

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Lake Preston, SD Foreclosures

Current Market Conditions in Lake Preston, SD as of May 2026?
Home values: -0.31% MoM; rent: +0.00% MoM.
How much do homes sell for in Lake Preston, SD?
The average home price is currently $302,938.
In Lake Preston, SD, how many homes are available?
There are currently 1 active home listings available in Lake Preston.
What’s the average rental cost in Lake Preston, SD?
The average rental price in Lake Preston is $1,006.
What is the most expensive home in Lake Preston?
The most expensive home sold in Lake Preston had a price of $1,054,018.
What is currently the cheapest priced home in Lake Preston, SD?
The cheapest home for sale in Lake Preston is priced at $48,900.

Living in Lake Preston, SD

Lake Preston, SD is a small eastern South Dakota community offering rural character, nearby lake recreation, and a quiet residential setting for buyers and investors focused on small-town property opportunities.

Buyer vs Seller Market in Lake Preston, SD

Median home value: $231,534 as of 2026-05-14.

Median rent: $940 as of 2026-05-14.

Home values: -0.31% MoM, +9.57% YoY.

Rent: +0.00% MoM, -1.05% YoY.

Home Value Estimator For Lake Preston, SD

There are currently 444 real estate properties in Lake Preston, SD, with a median automated valuation model (AVM) price of $231,534.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Preston, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Preston, SD, is $302,938.00, with the most expensive house in Lake Preston, SD, topping out at $1,054,018.00 and the cheapest home in Lake Preston, SD, clocking in at $48,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Preston, SD!

Rent Prices In Lake Preston, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Preston, SD, is on a rollercoaster ride. The average rent price in Lake Preston, SD, is $1,006.00. Indeed, when looking to rent in Lake Preston, SD, you can expect to pay as little as $810.00 or as much as $1,980.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Lake Preston, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Preston, SD Foreclosures


Market Trend for Lake Preston, SD

Total Listings Available: 1

Market Values:

Home Prices from $48,900 to $1,054,018

Average Sales Price: $302,938

Rental Values:

Rental from $810 to $1,980

Average Rent Value: $1,006 / month

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