Is 57760, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 57760 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 57760 was a Seller's Market.

Key Takeaway

57760 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 57760, SD

How much do homes in 57760, SD cost?

Median Sold Price

$275,000

$136/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$48,500(+21.4%)

Key Takeaway

Homes in 57760 have sold for 21.4% more than they did a month ago.

Summary: The median home sold price in 57760 was $275,000 in April 2024, up 21.4% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $194K-
N/A
3 --
N/A
4 $259K-
N/A
5+ -$275K
N/A

Summary: 57760 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 57760, SD

How many homes are available in 57760, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
56+20.0%

Summary: The 57760 real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 13
+200.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The 57760 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 200%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 57760, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 57760 in April 2024, down by 50.0% month-over-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 57760, 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 12 Days Ago

Newest Listings in 57760, SD

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