Is Butte County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Butte County was a Seller's Market.
Housing Prices in Butte County, SD
How much do homes in Butte County, SD cost?
Median Sold Price
$310,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $150K | +57.9% |
2 Bedrooms | $164K | $194K | +18.3% |
3 Bedrooms | $260K | $281.9K | +8.4% |
4 Bedrooms | $269.9K | $350K | +29.7% |
5+ Bedrooms | $321K | $424K | +32.1% |
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 | $259K | $310.5K | +19.9% |
Meade County | $352.5K | $390K | +10.6% |
Lawrence County | $413.3K | $449.6K | +8.8% |
Housing Supply in Butte County, SD
How many homes are available in Butte County, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 25 | +13.6% |
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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
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 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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