Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

$345,000

$194/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$26,775(-7.2%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 7.2% since September.

Summary: The median home list price in Minnehaha County was $345,000 in October 2024, down 7.2% from the previous month, and the median price per square foot was $194.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $130K$179.9K
+38.4%
2 $298.8K$274.4K
-8.2%
3 $330K$315K
-4.5%
4 $403.9K$387K
-4.2%
5+ $549.8K$525K
-4.5%

Summary: Minnehaha County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 38.4%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 4.5%.

Median List Price Compared To Nearby Counties

Moody County
+1.6%
McCook County
0.0%
Minnehaha County
-7.2%
Turner County
-8.1%
Lake County
-9.8%

Housing Supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
475846+78.1%

Summary: The Minnehaha County real estate market had 846 homes for sale in October 2024, a 78.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 59
+80.0%
2 98171
+74.5%
3 165295
+78.8%
4 122226
+85.2%
5+ 85145
+70.6%

Summary: The Minnehaha County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 74.5%, 3 bedroom homes increased by 78.8%, 4 bedroom homes increased by 85.2%, and 5+ bedroom homes increased by 70.6%.

Days on Market for Minnehaha County, SD

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

Average Listing Age

Sep 2024Oct 2024CHANGE
61 Days59 Days-3.4%

Summary: Homes in Minnehaha County had an average listing age of 59 days in Oct 2024, down by 3.4% 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?