57248 — Erwin, SD Home Values
Typical home value $386,822 as of June 2026 · 5th of 10 in Watertown, SD
Blue: typical home value (Zillow ZHVI) in ZIP code 57248, June 2021 to June 2026. This page shows observed data only; no forecast.
How 57248 compares in the Watertown, SD area
ZIP code 57248 (Erwin, SD) has a typical home value of $386,822 as of June 2026, ranking 5th of 10 ZIP codes tracked in the Watertown, SD area, more expensive than about 60% of ZIP codes in the metro. Prices here have moved +15.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +47.2%, from $262,758 in June 2021 to $386,822 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Watertown, SD forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Watertown.
Population and demographics
ZIP code 57248 has a population of 1,150, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.6% White, 11.3% Hispanic or Latino, 0.8% Black or African American, 0.7% American Indian or Alaska Native, and 0.6% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Hamlin Middle School - 02 | 44577 188th St, Hayti, SD | 7.2 mi |
| Hamlin Elementary - 09 | 44577 188th St, Hayti, SD | 7.2 mi |
| Hamlin High School - 01 | 44577 188th St, Hayti, SD | 7.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 57248?
$386,822 as of June 2026, the latest month Zillow has published observed data for.
Is 57248 an expensive ZIP code in the Watertown, SD area?
57248 ranks 5th of 10 ZIP codes in the Watertown, SD area by typical home value, more expensive than about 60% of ZIP codes in the metro.
How much have home values in 57248 changed over the past year?
+15.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 57248?
1,150, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 57248?
Hamlin Middle School - 02 (7.2 mi), Hamlin Elementary - 09 (7.2 mi), Hamlin High School - 01 (7.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 57248?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Watertown, SD forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.