Would people walk alone at night in Lake Preston, SD?

As of early 2026, 100% of users say people would walk alone at night

Is Lake Preston, SD dog-friendly?

As of early 2026, 100% of users say it's dog friendly

Do residents of Lake Preston, SD plan to stay at least 5 years?

As of early 2026, 100% of users say they plan to stay for at least 5 years

Does Lake Preston, SD show holiday spirit?

As of early 2026, 100% of users say there's holiday spirit

Are yards well-kept in Lake Preston, SD?

As of early 2026, 100% of users say yards are well-kept

Is Lake Preston, SD quiet?

As of early 2026, 100% of users say it's quiet

Do kids play outside in Lake Preston, SD?

As of early 2026, 100% of users say kids play outside

Is parking easy in Lake Preston, SD?

As of early 2026, 100% of users say parking is easy

Is Lake Preston, SD walkable to grocery stores?

As of early 2026, 80% of users say it's walkable to grocery stores

Are neighbors friendly in Lake Preston, SD?

As of early 2026, 70% of users say neighbors are friendly

Is Lake Preston, SD walkable to restaurants?

As of early 2026, 67% of users say it's walkable to restaurants

Is there wildlife in Lake Preston, SD?

As of early 2026, 67% of users say there's wildlife

Are there community events in Lake Preston, SD?

As of early 2026, 67% of users say there are community events

Is a car needed in Lake Preston, SD?

As of early 2026, 50% of users say car is needed

Does Lake Preston, SD have sidewalks?

As of early 2026, 50% of users say there are sidewalks

Are the streets well-lit in Lake Preston, SD?

As of early 2026, 50% of users say streets are well-lit

What is 503 Main Ave N estimated to be worth?

Trulia's estimated value for 503 Main Ave N in Bancroft, SD is $150,300 .

Is Bancroft a buyer's or seller's market?

Bancroft is currently a balanced market, based on recent for-sale activity.

What are the closest schools to 503 Main Ave N?

The closest schools to 503 Main Ave N in Bancroft, SD are Lake Preston Elementary - 02 (Pre-K, rated 9/10), Lake Preston High School - 01 (rated 8/10), Lake Preston Jr. High - 03 (rated 8/10).

How big is the lot at 503 Main Ave N?

The lot at 503 Main Ave N in Bancroft, SD is about 1 acre .

OFF MARKET

$150,300

Trulia Estimate

Studio

503 Main Ave N, Bancroft, SD 57249

Refinance Your Home

Home Value

Trulia Estimate

$150K

Since last month

$5K (+3.3%)

Since last year

$6K (-3.9%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +157% in the last 10 years

Month	Estimated value
2026
August 2026	$147K
July 2026	$142K
June 2026	$150K
May 2026	$151K
April 2026	$178K
March 2026	$149K
February 2026	$164K
January 2026	$151K
2025
December 2025	$147K
November 2025	$145K
October 2025	$156K
September 2025	$155K
August 2025	$153K
July 2025	$160K
June 2025	$138K
May 2025	$146K
April 2025	$117K
March 2025	$116K
February 2025	$126K
January 2025	$120K
2024
December 2024	$135K
November 2024	$132K
October 2024	$143K
September 2024	$138K
August 2024	$140K
July 2024	$142K
June 2024	$141K
May 2024	$138K
April 2024	$135K
March 2024	$137K
February 2024	$129K
January 2024	$127K
2023
December 2023	$130K
November 2023	$131K
October 2023	$143K
September 2023	$140K
August 2023	$140K
July 2023	$148K
June 2023	$138K
May 2023	$121K
March 2023	$116K
February 2023	$109K
January 2023	$97K
2022
August 2022	$100K
July 2022	$104K
June 2022	$105K
May 2022	$103K
April 2022	$97K
March 2022	$97K
February 2022	$98K
January 2022	$98K
2021
December 2021	$98K
November 2021	$99K
October 2021	$98K
September 2021	$95K
August 2021	$97K
July 2021	$101K
June 2021	$99K
May 2021	$93K
April 2021	$91K
March 2021	$84K
February 2021	$84K
January 2021	$81K
2020
December 2020	$73K
November 2020	$72K
October 2020	$77K
September 2020	$69K
August 2020	$69K
July 2020	$68K
June 2020	$68K
May 2020	$69K
April 2020	$68K
March 2020	$70K
February 2020	$80K
January 2020	$79K
2019
December 2019	$80K
November 2019	$81K
October 2019	$73K
September 2019	$73K
August 2019	$73K
July 2019	$75K
June 2019	$85K
May 2019	$83K
April 2019	$74K
March 2019	$74K
February 2019	$74K
January 2019	$74K
2018
December 2018	$73K
November 2018	$73K
October 2018	$72K
September 2018	$70K
August 2018	$70K
July 2018	$71K
June 2018	$71K
May 2018	$74K
April 2018	$70K
March 2018	$70K
February 2018	$69K
January 2018	$69K
2017
December 2017	$69K
November 2017	$69K
October 2017	$68K
September 2017	$68K
August 2017	$68K
July 2017	$68K
June 2017	$69K
May 2017	$70K
April 2017	$68K
March 2017	$69K
February 2017	$65K
January 2017	$66K
2016
December 2016	$65K
November 2016	$61K
October 2016	$58K
September 2016	$57K
August 2016	$57K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
21133 Gregs Dr, Lake Preston, SD	4.13	Single-Family Home	$1,050,000	05/22/26	6	3	3,328

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
104 N Main Ave, Lake Preston, SD 57249	0.33	$288,100	5	1.5	1,976	Off Market
108 Park Ave N, Lake Preston, SD 57249	0.51	$149,100	4	2	1,176	Off Market
300 Spring Ave S, Lake Preston, SD 57249	0.63	$202,200	3	1.5	1,407	Off Market
303 Manor Ave S, Lake Preston, SD 57249	0.75	$249,900	2	2	1,650	For Sale

Local Information

Map ViewExplore the area around 503 Main Ave N.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Lot Size

1 acre

About this House

This single-family home is located at 503 Main Ave N, Bancroft, SD. 503 Main Ave N is in Bancroft, SD and in ZIP code 57249. This property has a lot size of 1 acre.

503 Main Ave N, Bancroft, SD 57249 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $150,300, with a rent estimate of $1,389/month.

Home Details for 503 Main Ave N

Property Information
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 1 acre

Price and Tax history

Year	Property tax	Tax assessment
2024	$1,495	$111,076

Home facts updated by county records

Additional Cost

Market trends in Lake Preston

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

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Available listings

Around this home

Lake Preston Elementary - 02
PK-5
Public
96 Students
Lake Preston School District 38-3
9/10
GreatSchools Rating
Parent Rating Average
With the loss of several "old school" teachers over the last several years, this school has become more focused on numbers and not so much on reality. They will go as far as to brag about their elementary school stats during an awards program, implying they are one of the best schools around, when beyond elementary school, their academic proficiency is dramatically reduced and they have the lowest ranked middle and high schools in the area. In 2025, the special education program took a major turn in the wrong direction and overall, the quality of education decreases year by year with every teacher they lose. Not sure if something has gotten in the water or what, but in the last 7 years, I have watched this school go from, what I thought was the best school, to a school I wouldn't ever send my kids back to.
Parent Review
1y ago
1 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lake Preston

At least 2 Trulia users voted on each feature.

100 % Say people would walk alone at night
100 % Say it's dog friendly
100 % Say they plan to stay for at least 5 years
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say kids play outside
100 % Say parking is easy
80 % Say it's walkable to grocery stores
70 % Say neighbors are friendly
67 % Say it's walkable to restaurants
67 % Say there's wildlife
67 % Say there are community events
50 % Say car is needed
50 % Say there are sidewalks
50 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

Terri Conrad
Resident
7y ago
"The school here is awesome. They have a low teacher to student ratio so that kids can get all the help they need. we will have a new superintendent of school/high school principle this year. "
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Justterrilynn
Resident
8y ago
"friendly great people live here. Family has moved here from out of state too. great place to raise your Family "
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Frequently asked questions about 503 Main Ave N

What is 503 Main Ave N estimated to be worth?
Trulia's estimated value for 503 Main Ave N in Bancroft, SD is $150,300.
Is Bancroft a buyer's or seller's market?
Bancroft is currently a balanced market, based on recent for-sale activity.
What are the closest schools to 503 Main Ave N?
The closest schools to 503 Main Ave N in Bancroft, SD are Lake Preston Elementary - 02 (Pre-K, rated 9/10), Lake Preston High School - 01 (rated 8/10), Lake Preston Jr. High - 03 (rated 8/10).
How big is the lot at 503 Main Ave N?
The lot at 503 Main Ave N in Bancroft, SD is about 1 acre.