How much do homes in Minnehaha County, SD cost?

Median List Price

$341,666

$185/sqft

Based on all homes listed in December 2022.

Difference Since Last Month

-$31,300(-8.4%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 8.4% since November.

Median List Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 $315.9K$174.9K
-44.6%
2 $254K$225.2K
-11.3%
3 $365K$310K
-15.1%
4 $354K$337K
-4.8%
5+ $624.9K$614.4K
-1.7%

Median List Price Compared To Nearby Counties

Lake County
+9.9%
Turner County
+9.1%
McCook County
-1.3%
Minnehaha County
-8.4%
Moody County
-30.6%

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Nov 2022Dec 2022%
236345+46.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 13
+200.0%
2 3152
+67.7%
3 88132
+50.0%
4 6592
+41.5%
5+ 5166
+29.4%

Average Listing Age

Nov 2022Dec 2022%
51 Days62 Days+21.4%

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

About Minnehaha County, SD

Number of homes for sale in Minnehaha County, SD real estate market have reached 345. In December 2022 in Minnehaha County, SD there were 46.2% more homes for sale than in November 2022. In December 2022 median list price was $341,666 and the average listing age was 62 days. This housing market listing prices have changed between December 2021 and December 2022: prices of 1 bedroom properties decreased by 44.6%, prices of 2 bedrooms properties decreased by 11.3%, prices of 3 bedrooms properties went down by 15.1%, prices of 4 bedrooms properties decreased by 4.8%, the cost of 5 bedrooms properties went down by 1.7%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 200% more available, the quantity of 2 bedrooms homes went up by 67.7%, number of 3 bedrooms homes increased by 50%, volume of 4 bedrooms homes went up by 41.5%, the quantity of 5 bedrooms homes went up by 29.4%.

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