Is Butte County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$301,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Butte County was $301,000 in June 2024, up 9.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122.5K | $75K | -38.8% |
2 Bedrooms | $161.5K | $194K | +20.1% |
3 Bedrooms | $287.9K | $325K | +12.9% |
4 Bedrooms | $284K | $300K | +5.6% |
5+ Bedrooms | $370K | $425K | +14.9% |
Summary: Butte County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.8%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Counties
Meade County | $355K | $394.9K | +11.3% |
Butte County | $276K | $301K | +9.1% |
Lawrence County | $415K | $445K | +7.2% |
Housing Supply in Butte County, SD
How many homes are available in Butte County, SD?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
27 | 30 | +11.1% |
Summary: The Butte County real estate market had 30 homes for sale in June 2024, a 11.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Butte County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Butte County in June 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% 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