Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

$377,046

$199/sqft

Based on all homes listed in June 2024.

Difference Since Last Month

-$10,674(-2.8%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 2.8% since May.

Summary: The median home list price in Minnehaha County was $377,046 in June 2024, down 2.8% from the previous month, and the median price per square foot was $199.

Median List Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 $165K$150.9K
-8.5%
2 $321.5K$299.8K
-6.8%
3 $350K$334.8K
-4.3%
4 $399.9K$400K
0.0%
5+ $587.4K$565K
-3.8%

Summary: Minnehaha County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3.8%.

Median List Price Compared To Nearby Counties

Turner County
+21.9%
Moody County
+7.0%
Minnehaha County
-2.8%
Lake County
-15.3%
McCook County
-33.5%

Housing Supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

May 2024Jun 2024CHANGE
428732+71.0%

Summary: The Minnehaha County real estate market had 732 homes for sale in June 2024, a 71.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 14
+300.0%
2 90142
+57.8%
3 143253
+76.9%
4 114201
+76.3%
5+ 80132
+65.0%

Summary: The Minnehaha County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 57.8%, 3 bedroom homes increased by 76.9%, 4 bedroom homes increased by 76.3%, and 5+ bedroom homes increased by 65%.

Days on Market for Minnehaha County, SD

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

Average Listing Age

May 2024Jun 2024CHANGE
54 Days55 Days+2.4%

Summary: Homes in Minnehaha County had an average listing age of 55 days in Jun 2024, up by 2.4% 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 Minnehaha County, SD

Nearby Markets to Minnehaha County, SD

What housing markets are near Minnehaha County, SD?