RealTrends Market Report

South Dakota, SD

Single-Family Homes

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South Dakota, SD

Fri Feb 13 2026
This week the median list price for South Dakota, SD is $395,375 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 2,055. 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

Fri Feb 13 2026
This week the median list price for South Dakota, SD is $395,375 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 2,055. 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 $395,375
Median Price of New Listings $372,500
Per Square Foot $204
Average Days on Market 146
Median Days on Market 112
Price Decreased 21%
Price Increased 1%
Relisted 19%
Inventory 2,055
Median Rent
Market Action 32
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
$850,000 3,313 0.5 - 1 acre 4 3 9 13 36 133
$464,250 2,280 0.25 - 0.5 acre 4 2.5 8 47 58 105
$344,000 1,715 6,500 - 8,000 sqft 3 2 8 27 60 112
$224,500 1,376 4,500 - 6,500 sqft 3 2 75 45 68 98