Housing Prices in Central Pennington, SD
How much do homes in Central Pennington, SD cost?
Median List Price
$359,250
$191/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Central Pennington has increased by 4.9% since last year.
Summary: The median home list price in Central Pennington was $359,250 in March 2024, up 4.9% from the previous year, and the median price per square foot was $191.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $339.9K | $324.9K | -4.4% |
| 3 Bedrooms | $329.9K | $299.9K | -9.1% |
| 4 Bedrooms | $354.9K | $399.9K | +12.7% |
| 5+ Bedrooms | $382K | $524.4K | +37.3% |
Summary: Central Pennington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 37.3%.
Median List Price Compared To Nearby Cities
| Rapid City | $329.9K | $369.9K | +12.1% |
| Central Pennington | $342.4K | $359.2K | +4.9% |
| Box Elder | $354.9K | $359K | +1.1% |
| Rapid City East | $479K | $477K | -0.4% |
Housing Supply in Central Pennington, SD
How many homes are available in Central Pennington, SD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 48 | +92.0% |
Summary: The Central Pennington real estate market had 48 homes for sale in March 2024, a 92.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 6 | 13 | +116.7% |
| 4 Bedrooms | 11 | 19 | +72.7% |
| 5+ Bedrooms | 4 | 10 | +150.0% |
Summary: The Central Pennington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 116.7%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 150%.
Days on Market for Central Pennington, SD
How long does it take to sell a home in Central Pennington, SD?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 59 Days | -40.4% |
Summary: Homes in Central Pennington had an average listing age of 59 days in Mar 2024, down by 40.4% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.