Is Mount Rushmore, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mount Rushmore has remained a Buyer's Market.
Housing Prices in Mount Rushmore, SD
How much do homes in Mount Rushmore, SD cost?
Median Sold Price
$505,000
$208/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Mount Rushmore was $505,000 in May 2024, up 3.1% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $365K | - | N/A |
3 Bedrooms | - | $425K | N/A |
4 Bedrooms | $614.9K | $727.5K | +18.3% |
5+ Bedrooms | - | - | N/A |
Summary: Mount Rushmore housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes did not change.
Housing Supply in Mount Rushmore, SD
How many homes are available in Mount Rushmore, SD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The Mount Rushmore real estate market had 29 homes for sale in May 2024, a 31.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Mount Rushmore housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mount Rushmore in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mount Rushmore, SD
We’re sorry, we don't have information for this market at the moment