Is 57769, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 57769 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 57769 has remained a Buyer's Market.

Key Takeaway

57769 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 57769, SD

How much do homes in 57769, SD cost?

Median Sold Price

$579,950

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,325(-0.2%)

Key Takeaway

The sold price of homes in 57769 has remained the same since last year.

Summary: The median home sold price in 57769 was $579,950 in October 2024, down 0.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$680K
N/A
3 $566K$360K
-36.4%
4 $560K$549.9K
-1.8%
5+ $725K$754.4K
+4.1%

Summary: 57769 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Zip Codes

57718
+43.5%
57785
+3.1%
57769
-0.2%

Housing Supply in 57769, SD

How many homes are available in 57769, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4653+15.2%

Summary: The 57769 real estate market had 53 homes for sale in October 2024, a 15.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1621
+31.3%
4 1414
0.0%
5+ 1416
+14.3%

Summary: The 57769 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 57769, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 57769 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 57769, SD

We’re sorry, we don't have information for this market at the moment

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

Report Updated 14 Days Ago

Newest Listings in 57769, SD

Nearby Markets to 57769, SD