$10,000 Closing Credit*
$1,144,000
3,726 SqFt
5 Beds
•3 Full Baths
KIEF HANSEN, Listing Office: THE REAL ESTATE GROUP, INC.
Is Piedmont, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Piedmont has remained a Buyer's Market.
Key Takeaway
Piedmont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Piedmont, SD
How much do homes in Piedmont, SD cost?
Median Sold Price
$597,500
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,500(-0.3%)
Key Takeaway
The sold price of homes in Piedmont has remained the same since last year.
Summary: The median home sold price in Piedmont was $597,500 in October 2024, down 0.3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $680K | N/A |
| 3 Bedrooms | $566K | $360K | -36.4% |
| 4 Bedrooms | $581.2K | $579.9K | -0.2% |
| 5+ Bedrooms | $725K | $869K | +19.9% |
Summary: Piedmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Cities
| Southwest Meade | $440K | $579.9K | +31.8% |
| Piedmont | $599K | $597.5K | -0.3% |
Housing Supply in Piedmont, SD
How many homes are available in Piedmont, SD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The Piedmont real estate market had 42 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Piedmont 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piedmont, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Piedmont in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Piedmont, SD
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.