Housing Prices in Lincoln County, SD

How much do homes in Lincoln County, SD cost?

Median List Price

$399,900

$214/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$10,100(-2.5%)

Key Takeaway

The list price of homes in Lincoln County has decreased by 2.5% since April.

Summary: The median home list price in Lincoln County was $399,900 in May 2024, down 2.5% from the previous month, and the median price per square foot was $214.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$304.9K
N/A
2 $328.9K$324.9K
-1.2%
3 $363.5K$354.9K
-2.4%
4 $445.1K$428.4K
-3.8%
5+ $696K$657.3K
-5.5%

Summary: Lincoln County 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 decreased by 1.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 5.5%.

Median List Price Compared To Nearby Counties

Minnehaha County
0.1%
Union County
-1.5%
Lincoln County
-2.5%
Lyon County
-12.5%

Housing Supply in Lincoln County, SD

How many homes are available in Lincoln County, SD?

Number of Homes For Sale

Apr 2024May 2024CHANGE
191305+59.7%

Summary: The Lincoln County real estate market had 305 homes for sale in May 2024, a 59.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 4568
+51.1%
3 5996
+62.7%
4 4165
+58.5%
5+ 4674
+60.9%

Summary: The Lincoln County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 62.7%, 4 bedroom homes increased by 58.5%, and 5+ bedroom homes increased by 60.9%.

Days on Market for Lincoln County, SD

How long does it take to sell a home in Lincoln County, SD?

Average Listing Age

Apr 2024May 2024CHANGE
59 Days62 Days+4.9%

Summary: Homes in Lincoln County had an average listing age of 62 days in May 2024, up by 4.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Lincoln County, SD

Nearby Markets to Lincoln County, SD

What housing markets are near Lincoln County, SD?