Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

$370,225

$204/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$22,575(-5.7%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 5.7% since February.

Summary: The median home list price in Minnehaha County was $370,225 in March 2024, down 5.7% from the previous month, and the median price per square foot was $204.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $110K$135K
+22.7%
2 $331.9K$320.1K
-3.5%
3 $369.8K$328.8K
-11.1%
4 $399.4K$390K
-2.4%
5+ $599.9K$599.9K
0.0%

Summary: Minnehaha County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Counties

Turner County
+11.3%
McCook County
0.0%
Minnehaha County
-5.7%
Moody County
-6.7%
Lake County
-11.2%

Housing Supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
401631+57.4%

Summary: The Minnehaha County real estate market had 631 homes for sale in March 2024, a 57.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 89132
+48.3%
3 150227
+51.3%
4 88157
+78.4%
5+ 71111
+56.3%

Summary: The Minnehaha County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 48.3%, 3 bedroom homes increased by 51.3%, 4 bedroom homes increased by 78.4%, and 5+ bedroom homes increased by 56.3%.

Days on Market for Minnehaha County, SD

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

Average Listing Age

Feb 2024Mar 2024CHANGE
69 Days70 Days+1.1%

Summary: Homes in Minnehaha County had an average listing age of 70 days in Mar 2024, up by 1.1% compared to the previous month.

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

Report Updated 24 Days Ago

Newest Listings in Minnehaha County, SD

Nearby Markets to Minnehaha County, SD

What housing markets are near Minnehaha County, SD?