RealTrends Market Report

South Dakota, SD

Single-Family Homes

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South Dakota, SD

Sat Jul 19 2025
This week the median list price for South Dakota, SD is $405,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 2,651. Click here to stay informed with the South Dakota market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

South Dakota, SD

Sat Jul 19 2025
This week the median list price for South Dakota, SD is $405,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 2,651. Click here to stay informed with the South Dakota market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the South Dakota market.
Median List Price $405,000
Median Price of New Listings $367,450
Per Square Foot $202
Average Days on Market 102
Median Days on Market 56
Price Decreased 33%
Price Increased 2%
Relisted 13%
Inventory 2,651
Median Rent
Market Action 35
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$883,000 3,360 1 - 2.5 acres 4 3 17 30 39 70
$489,000 2,336 0.25 - 0.5 acre 4 2.5 12 59 57 56
$350,000 1,852 8,000 - 10,000 sqft 3 2 18 59 58 56
$233,150 1,498 4,500 - 6,500 sqft 3 2 72 64 78 42