Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

$344,900

$194/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$12,315(-3.4%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 3.4% since October.

Summary: The median home list price in Minnehaha County was $344,900 in November 2024, down 3.4% from the previous month, and the median price per square foot was $194.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $130K$130K
0.0%
2 $299.8K$278.8K
-7.0%
3 $324.9K$319.5K
-1.6%
4 $397.9K$389.9K
-2.0%
5+ $575K$554.7K
-3.5%

Summary: Minnehaha 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 decreased by 7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 3.5%.

Median List Price Compared To Nearby Counties

Turner County
+4.9%
McCook County
+1.9%
Moody County
0.0%
Minnehaha County
-3.4%
Lake County
-9.1%

Housing Supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
567825+45.5%

Summary: The Minnehaha County real estate market had 825 homes for sale in November 2024, a 45.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 913
+44.4%
2 127171
+34.6%
3 190277
+45.8%
4 146228
+56.2%
5+ 95136
+43.2%

Summary: The Minnehaha County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 45.8%, 4 bedroom homes increased by 56.2%, and 5+ bedroom homes increased by 43.2%.

Days on Market for Minnehaha County, SD

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

Average Listing Age

Oct 2024Nov 2024CHANGE
61 Days68 Days+10.9%

Summary: Homes in Minnehaha County had an average listing age of 68 days in Nov 2024, up by 10.9% 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 Minnehaha County, SD

Nearby Markets to Minnehaha County, SD

What housing markets are near Minnehaha County, SD?