Is 57744, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 57744 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 57744 has remained a Buyer's Market.

Key Takeaway

57744 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 57744, SD

How much do homes in 57744, SD cost?

Median Sold Price

$366,000

$204/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$64,000(-14.9%)

Key Takeaway

Homes in 57744 have sold for 14.9% less than they did a month ago.

Summary: The median home sold price in 57744 was $366,000 in April 2024, down 14.9% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$366K
N/A
4 $430K-
N/A
5+ --
N/A

Summary: 57744 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.

Housing Supply in 57744, SD

How many homes are available in 57744, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
812+50.0%

Summary: The 57744 real estate market had 12 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 35
+66.7%
5+ 24
+100.0%

Summary: The 57744 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 57744, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 57744 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 57744, 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 13 Days Ago

Newest Listings in 57744, SD

Nearby Markets to 57744, SD