Housing Prices in Lake County, SD

How much do homes in Lake County, SD cost?

Median List Price

$499,900

$235/sqft

Based on all homes listed in June 2024.

Difference Since Last Month

-$90,000(-15.3%)

Key Takeaway

The list price of homes in Lake County has decreased by 15.3% since May.

Summary: The median home list price in Lake County was $499,900 in June 2024, down 15.3% from the previous month, and the median price per square foot was $235.

Median List Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 $314.9K$322.4K
+2.4%
3 $549.9K$417.8K
-24.0%
4 $727.4K$629.9K
-13.4%
5+ $722.7K$750K
+3.8%

Summary: Lake County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 3.8%.

Median List Price Compared To Nearby Counties

Miner County
+301.7%
Moody County
+7.0%
Minnehaha County
-2.8%
Lake County
-15.3%

Housing Supply in Lake County, SD

How many homes are available in Lake County, SD?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4767+42.6%

Summary: The Lake County real estate market had 67 homes for sale in June 2024, a 42.6% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1725
+47.1%
4 2025
+25.0%
5+ 611
+83.3%

Summary: The Lake County housing inventory by bedroom type for June 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 47.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 83.3%.

Days on Market for Lake County, SD

How long does it take to sell a home in Lake County, SD?

Average Listing Age

May 2024Jun 2024CHANGE
60 Days68 Days+13.5%

Summary: Homes in Lake County had an average listing age of 68 days in Jun 2024, up by 13.5% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Lake County, SD

Nearby Markets to Lake County, SD

What housing markets are near Lake County, SD?