RealTrends Market Report

South Dakota, SD

Single-Family Homes

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South Dakota, SD

Thu Jul 03 2025
This week the median list price for South Dakota, SD is $400,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 2,606. 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

Thu Jul 03 2025
This week the median list price for South Dakota, SD is $400,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 2,606. 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 $400,000
Median Price of New Listings $365,000
Per Square Foot $202
Average Days on Market 101
Median Days on Market 56
Price Decreased 31%
Price Increased 2%
Relisted 14%
Inventory 2,606
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
$892,450 3,384 0.5 - 1 acre 4 3 16 49 61 66
$489,000 2,317 0.25 - 0.5 acre 4 2.5 11 68 106 56
$350,000 1,856 8,000 - 10,000 sqft 3 2 18 70 109 49
$235,000 1,528 6,500 - 8,000 sqft 3 2 71 80 117 42