Is 57718, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 57718 was a Neutral Market.
Housing Prices in 57718, SD
How much do homes in 57718, SD cost?
Median Sold Price
$505,000
$161/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 57718 was $505,000 in April 2024, up 4.1% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375K | - | N/A |
3 Bedrooms | $485K | $225K | -53.6% |
4 Bedrooms | - | $505K | N/A |
5+ Bedrooms | $570K | $580K | +1.8% |
Summary: 57718 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 decreased by 53.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 57718, SD
How many homes are available in 57718, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The 57718 real estate market had 23 homes for sale in April 2024, a 15.0% 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 | 1 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 57718 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 57718 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 57718, SD
We’re sorry, we don't have information for this market at the moment