Is 57769, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 57769 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 57769 has remained a Buyer's Market.

Key Takeaway

57769 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 57769, SD

How much do homes in 57769, SD cost?

Median Sold Price

$610,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$171,000(+39.0%)

Key Takeaway

Homes in 57769 have sold for 39% more than they did a year ago.

Summary: The median home sold price in 57769 was $610,000 in April 2024, up 39% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$875.2K
N/A
3 $510K$527K
+3.3%
4 $385.7K$607K
+57.4%
5+ $520K$639.9K
+23.1%

Summary: 57769 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 57.4%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

57769
+39.0%
57785
-1.4%
57701
-4.4%

Housing Supply in 57769, SD

How many homes are available in 57769, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1633+106.3%

Summary: The 57769 real estate market had 33 homes for sale in April 2024, a 106.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 413
+225.0%
4 611
+83.3%
5+ 58
+60.0%

Summary: The 57769 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 225%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 57769, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 57769 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 57769, 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 5 Days Ago

Newest Listings in 57769, SD

Nearby Markets to 57769, SD