RealTrends Market Report

South Dakota, SD

Single-Family Homes

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South Dakota, SD

Fri Jun 21 2024
This week the median list price for South Dakota, SD is $425,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 1,806. 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 Jun 21 2024
This week the median list price for South Dakota, SD is $425,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 1,806. 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 $425,000
Median Price of New Listings $381,950
Per Square Foot $211
Average Days on Market 99
Median Days on Market 49
Price Decreased 24%
Price Increased 0%
Relisted 15%
Inventory 1,806
Median Rent
Market Action 41
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
$875,000 3,400 0.5 - 1 acre 4 3 12 30 44 63
$499,900 2,431 0.25 - 0.5 acre 4 2.8 12 39 59 49
$370,000 1,793 8,000 - 10,000 sqft 3 2 10 48 66 49
$239,900 1,560 6,500 - 8,000 sqft 3 2 69 53 79 49