RealTrends Market Report

South Dakota, SD

Single-Family Homes

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South Dakota, SD

Fri Aug 29 2025
This week the median list price for South Dakota, SD is $395,800 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 2,867. 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 Aug 29 2025
This week the median list price for South Dakota, SD is $395,800 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 2,867. 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 $395,800
Median Price of New Listings $344,200
Per Square Foot $201
Average Days on Market 107
Median Days on Market 63
Price Decreased 34%
Price Increased 1%
Relisted 13%
Inventory 2,867
Median Rent
Market Action 33
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
$867,500 3,328 0.5 - 1 acre 4 3 15 30 36 91
$470,000 2,294 0.25 - 0.5 acre 4 2.5 12 46 60 63
$344,900 1,826 6,500 - 8,000 sqft 3 2 19 52 71 63
$225,000 1,445 6,500 - 8,000 sqft 3 1.8 72 84 65 49