Housing Prices in Lake County, SD

How much do homes in Lake County, SD cost?

Median List Price

$350,000

$198/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$35,000(-9.1%)

Key Takeaway

The list price of homes in Lake County has decreased by 9.1% since October.

Summary: The median home list price in Lake County was $350,000 in November 2024, down 9.1% from the previous month, and the median price per square foot was $198.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $294.9K$298.8K
+1.3%
3 $370K$279.9K
-24.4%
4 $599K$379.9K
-36.6%
5+ $549.9K$519.9K
-5.5%

Summary: Lake County 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 increased by 1.3%, 3 bedroom homes decreased by 24.4%, 4 bedroom homes decreased by 36.6%, and 5+ bedroom homes decreased by 5.5%.

Median List Price Compared To Nearby Counties

Moody County
0.0%
Miner County
0.0%
Minnehaha County
-3.4%
Lake County
-9.1%

Housing Supply in Lake County, SD

How many homes are available in Lake County, SD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3345+36.4%

Summary: The Lake County real estate market had 45 homes for sale in November 2024, a 36.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 813
+62.5%
4 1113
+18.2%
5+ 911
+22.2%

Summary: The Lake County 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 increased by 60%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 22.2%.

Days on Market for Lake County, SD

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

Average Listing Age

Oct 2024Nov 2024CHANGE
68 Days76 Days+11.6%

Summary: Homes in Lake County had an average listing age of 76 days in Nov 2024, up by 11.6% compared to the previous month.

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 Lake County, SD

Nearby Markets to Lake County, SD

What housing markets are near Lake County, SD?