Housing Prices in Lincoln County, SD

How much do homes in Lincoln County, SD cost?

Median List Price

$397,862

$206/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$2,037(-0.5%)

Key Takeaway

The list price of homes in Lincoln County has decreased by 0.5% since September.

Summary: The median home list price in Lincoln County was $397,862 in October 2024, down 0.5% from the previous month, and the median price per square foot was $206.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $215K$169.9K
-21.0%
2 $319.9K$311.4K
-2.7%
3 $378.8K$365.4K
-3.5%
4 $480K$426.6K
-11.1%
5+ $635K$586.9K
-7.6%

Summary: Lincoln County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 21%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 7.6%.

Median List Price Compared To Nearby Counties

Union County
+4.2%
Lyon County
0.0%
Lincoln County
-0.5%
Minnehaha County
-7.2%

Housing Supply in Lincoln County, SD

How many homes are available in Lincoln County, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
218357+63.8%

Summary: The Lincoln County real estate market had 357 homes for sale in October 2024, a 63.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 5070
+40.0%
3 82136
+65.9%
4 3766
+78.4%
5+ 4882
+70.8%

Summary: The Lincoln County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 65.9%, 4 bedroom homes increased by 78.4%, and 5+ bedroom homes increased by 70.8%.

Days on Market for Lincoln County, SD

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

Average Listing Age

Sep 2024Oct 2024CHANGE
79 Days73 Days-7.6%

Summary: Homes in Lincoln County had an average listing age of 73 days in Oct 2024, down by 7.6% 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 Lincoln County, SD

Nearby Markets to Lincoln County, SD

What housing markets are near Lincoln County, SD?