Housing Prices in Lake County, SD

How much do homes in Lake County, SD cost?

Median List Price

$475,000

$231/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$59,900(-11.2%)

Key Takeaway

The list price of homes in Lake County has decreased by 11.2% since February.

Summary: The median home list price in Lake County was $475,000 in March 2024, down 11.2% from the previous month, and the median price per square foot was $231.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $329.9K$329.9K
0.0%
3 $382.8K$383.8K
0.3%
4 $729.9K$729.9K
0.0%
5+ $639.9K$639.9K
0.0%

Summary: Lake County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Counties

Minnehaha County
-5.7%
Moody County
-6.7%
Lake County
-11.2%
Miner County
-63.6%

Housing Supply in Lake County, SD

How many homes are available in Lake County, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2747+74.1%

Summary: The Lake County real estate market had 47 homes for sale in March 2024, a 74.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 38
+166.7%
3 512
+140.0%
4 1420
+42.9%
5+ 57
+40.0%

Summary: The Lake County 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 166.7%, 3 bedroom homes increased by 140%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 40%.

Days on Market for Lake County, SD

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

Average Listing Age

Feb 2024Mar 2024CHANGE
94 Days80 Days-14.8%

Summary: Homes in Lake County had an average listing age of 80 days in Mar 2024, down by 14.8% compared to the previous month.

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

Report Updated 18 Days Ago

Newest Listings in Lake County, SD

Nearby Markets to Lake County, SD

What housing markets are near Lake County, SD?