Is Whitewood, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitewood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Whitewood was a Buyer's Market.

Key Takeaway

Whitewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whitewood, SD

How much do homes in Whitewood, SD cost?

Median Sold Price

$775,000

$240/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$421,500(+119.2%)

Key Takeaway

Homes in Whitewood have sold for 119.2% more than they did a month ago.

Summary: The median home sold price in Whitewood was $775,000 in October 2024, up 119.2% from last month, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$272K
N/A
3 $292K$779K
+166.8%
4 $415K-
N/A
5+ -$775K
N/A

Summary: Whitewood 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 did not change, 3 bedroom homes increased by 166.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Whitewood, SD

How many homes are available in Whitewood, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1415+7.1%

Summary: The Whitewood real estate market had 15 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 65
-16.7%
4 24
+100.0%
5+ 33
0.0%

Summary: The Whitewood 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 decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitewood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Whitewood in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Whitewood, 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 Whitewood, SD

Nearby Markets to Whitewood, SD

What housing markets are near Whitewood, SD?