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 Last Month

Since last month, 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

$536,000

$211/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$33,900(-5.9%)

Key Takeaway

Homes in 57769 have sold for 5.9% less than they did a month ago.

Summary: The median home sold price in 57769 was $536,000 in November 2024, down 5.9% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $198K$619K
+212.6%
4 -$517K
N/A
5+ $934.4K-
N/A

Summary: 57769 housing prices by bedroom type for November 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 increased by 212.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 57769, SD

How many homes are available in 57769, SD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4047+17.5%

Summary: The 57769 real estate market had 47 homes for sale in November 2024, a 17.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1516
+6.7%
4 1013
+30.0%
5+ 1316
+23.1%

Summary: The 57769 housing inventory by bedroom type for November 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 6.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 57769 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% 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 23 Days Ago

Newest Listings in 57769, SD

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