Is Butte County, SD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Butte County is a neutral's market


Difference Since March 2023

At the same time last year, Butte County was a Seller's Market.

Key Takeaway

Butte County 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 Butte County, SD

How much do homes in Butte County, SD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Butte County have sold for 19.9% more than they did a year ago.

Summary: The median home sold price in Butte County was $310,500 in March 2024, up 19.9% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $95K$150K
2 $164K$194K
3 $260K$281.9K
4 $269.9K$350K
5+ $321K$424K

Summary: Butte County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes increased by 32.1%.

Median Sold Price Compared To Nearby Counties

Butte County
Meade County
Lawrence County

Housing Supply in Butte County, SD

How many homes are available in Butte County, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Butte County real estate market had 25 homes for sale in March 2024, a 13.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
2 45
3 912
4 43
5+ 54

Summary: The Butte County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were 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 Butte County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Butte County in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Butte County, 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 18 Days Ago

Newest Listings in Butte County, SD

Nearby Markets to Butte County, SD

What housing markets are near Butte County, SD?