Is Custer Township, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Custer Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Custer Township has remained a Seller's Market.

Key Takeaway

Custer Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Custer Township, SD

How much do homes in Custer Township, SD cost?

Median Sold Price

$459,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$43,000(-8.6%)

Key Takeaway

Homes in Custer Township have sold for 8.6% less than they did a year ago.

Summary: The median home sold price in Custer Township was $459,000 in October 2024, down 8.6% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $347.4K$245.9K
-29.2%
2 $380K$419K
+10.3%
3 $525K$459K
-12.6%
4 $510K$525K
+2.9%
5+ $700K$408K
-41.7%

Summary: Custer Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 41.7%.

Housing Supply in Custer Township, SD

How many homes are available in Custer Township, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4754+14.9%

Summary: The Custer Township real estate market had 54 homes for sale in October 2024, a 14.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1319
+46.2%
3 1817
-5.6%
4 910
+11.1%
5+ 78
+14.3%

Summary: The Custer Township 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 increased by 46.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Custer Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Custer Township in October 2024, up by 233.3% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Custer Township, 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 20 Days Ago

Newest Listings in Custer Township, SD

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