$185,000
3.32 Acres
Land
#81757, Listing Office: Black Pine Real Estate
Is Deadwood, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Deadwood was a Seller's Market.
Key Takeaway
Deadwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Deadwood, SD
How much do homes in Deadwood, SD cost?
Median Sold Price
$419,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$81,500(+24.1%)
Key Takeaway
Homes in Deadwood have sold for 24.1% more than they did a year ago.
Summary: The median home sold price in Deadwood was $419,000 in August 2024, up 24.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $337.5K | $420.2K | +24.5% |
| 3 Bedrooms | $404.9K | $419K | +3.5% |
| 4 Bedrooms | $325K | $402.5K | +23.8% |
| 5+ Bedrooms | $139K | - | N/A |
Summary: Deadwood housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Deadwood | $337.5K | $419K | +24.1% |
| South Lawrence | $690K | $754.4K | +9.3% |
| North Lawrence | $665K | $612.5K | -7.9% |
Housing Supply in Deadwood, SD
How many homes are available in Deadwood, SD?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Deadwood real estate market had 21 homes for sale in August 2024, a 5.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Deadwood housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deadwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Deadwood in August 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Deadwood, SD
We’re sorry, we don't have information for this market at the moment
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.