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Hayes Historic District

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.South Dakota
$300K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
-9.8%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
3
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$258K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20172018201920202021202420252026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
20172018201920202021202420252026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20172018201920202021202420252026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
20172018201920202021202420252026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20172018201920202021202420252026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20172018201920202021202420252026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20172018201920202021202420252026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
20172018201920202021202420252026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
20172018201920202021202420252026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
20172018201920202021202420252026

Housing Stock

HomesHow many homes we have records for in this area.142
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$258K
Median sizeThe middle home size here, measured in square feet.1,472 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1922
Single familyThe share of homes here that are single-family houses.94%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.46%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.3.1%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.78%
Company ownedThe share of homes owned by a company or trust instead of a person.17%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.55%
Typical ownership tenureHow long the typical owner here has held their home.126.7 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.50
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.22

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.6%
PopulationHow many people live in this area.317
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,991 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$118K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$160K
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.25 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Hayes Historic District compares

By median home value, Hayes Historic District is the 5th most expensive of 15 neighborhoods in Minnehaha County, and its typical home is worth more than 56% of all homes in Minnehaha County.

Home values in Hayes Historic District

Share of homes at each estimated value.

Median
$138K$595K
neighborhoods in Minnehaha County ranked by median home value
#Minnehaha CountyMedian valueHomes
1Old Orchard$465K217
2McKennan Park$322K355
3Downtown$305K213
4Pepper Ridge$292K110
5Hayes Historic District$258K142
6Park Ridge$249K137
7All Saints$242K743
8Oak View$230K1,266
9Cathedral$229K151
10Garfield$191K513
11Pettigrew Heights$186K668
12Norton Tract$171K454
13Terrace Park$169K349
14West Tenth Street$146K222
15Whittier$134K974

About the Hayes Historic District market

What is the median home price in Hayes Historic District, SD?

The median sale price in Hayes Historic District, SD is $300,000 (data through July 2026), based on deeds recorded with the county. That is down 9.8% from a year earlier.

How many homes sell in Hayes Historic District, SD each year?

3 homes sold in Hayes Historic District, SD over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Hayes Historic District, SD?

Hayes Historic District, SD contains 142 residential properties, with a median of 1,472 square feet, 3 bedrooms, built around 1922. The median TopHap Estimate is $258K.

How does Hayes Historic District, SD compare to the rest of Minnehaha County?

By median home value, Hayes Historic District, SD is the 5th most expensive of 15 neighborhoods in Minnehaha County. Its typical home is worth more than 56% of all homes in Minnehaha County. Pepper Ridge ranks just above it and Park Ridge just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Hayes Historic District, SD?

78% of homes in Hayes Historic District, SD are owner-occupied. 17% are held by a company rather than an individual.

How much equity do owners in Hayes Historic District, SD hold?

46% of mortgaged homes in Hayes Historic District, SD are equity-rich, meaning the loan balance is under half the home's value. 3.1% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Hayes Historic District on the map

See every recorded sale, price heat map, school zone and flood overlay across Hayes Historic District in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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