Is Custer County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Custer County has remained a Buyer's Market.
Housing Prices in Custer County, SD
How much do homes in Custer County, SD cost?
Median Sold Price
$495,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Custer County was $495,000 in March 2024, down 11.9% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $648K | $415K | -36.0% |
2 Bedrooms | $355.5K | $380K | +6.9% |
3 Bedrooms | $504.5K | $512.5K | +1.6% |
4 Bedrooms | $652.5K | $552.2K | -15.4% |
5+ Bedrooms | $899.5K | $634.5K | -29.5% |
Summary: Custer County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Counties
Fall River County | $222.5K | $287.5K | +29.2% |
Weston County | $125K | $155K | +24.0% |
Pennington County | $348K | $355.2K | +2.1% |
Custer County | $562K | $495K | -11.9% |
Housing Supply in Custer County, SD
How many homes are available in Custer County, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 41 | +17.1% |
Summary: The Custer County real estate market had 41 homes for sale in March 2024, a 17.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Custer County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
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 Custer 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 Custer County, SD
We’re sorry, we don't have information for this market at the moment