Is West Custer, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Custer is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, West Custer has remained a Buyer's Market.

Key Takeaway

West Custer is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Custer, SD

How much do homes in West Custer, SD cost?

Median Sold Price

$630,000

$222/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$345,000(+121.1%)

Key Takeaway

Homes in West Custer have sold for 121.1% more than they did a month ago.

Summary: The median home sold price in West Custer was $630,000 in October 2024, up 121.1% from last month, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $200K-
N/A
2 $370K$657.5K
+77.7%
3 -$390K
N/A
4 -$910K
N/A
5+ -$408K
N/A

Summary: West Custer housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 77.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Custer, SD

How many homes are available in West Custer, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3640+11.1%

Summary: The West Custer real estate market had 40 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 811
+37.5%
3 1717
0.0%
4 56
+20.0%
5+ 56
+20.0%

Summary: The West Custer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Custer, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in West Custer in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for West Custer, SD

We’re sorry, we don't have information for this market at the moment

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 West Custer, SD

Nearby Markets to West Custer, SD

What housing markets are near West Custer, SD?