Is Summerset, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Summerset has remained a Buyer's Market.
Housing Prices in Summerset, SD
How much do homes in Summerset, SD cost?
Median Sold Price
$510,000
$183/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Summerset was $510,000 in April 2024, up 36% from last month, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375K | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | $510K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Summerset housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Summerset | $375K | $510K | +36.0% |
Black Hawk | $485K | $505K | +4.1% |
Housing Supply in Summerset, SD
How many homes are available in Summerset, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Summary: The Summerset real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Summerset housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Summerset in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Summerset, SD
We’re sorry, we don't have information for this market at the moment