Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

$360,866

$199/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$18,035(-4.8%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 4.8% since March.

Summary: The median home list price in Minnehaha County was $360,866 in April 2024, down 4.8% from the previous month, and the median price per square foot was $199.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $189.9K$150K
-21.0%
2 $326.9K$309.8K
-5.2%
3 $369.9K$322.2K
-12.9%
4 $397K$399.7K
+0.7%
5+ $679.9K$599.9K
-11.8%

Summary: Minnehaha County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 21%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 11.8%.

Median List Price Compared To Nearby Counties

Turner County
+23.9%
McCook County
+20.5%
Moody County
-1.6%
Minnehaha County
-4.8%
Lake County
-32.0%

Housing Supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
370710+91.9%

Summary: The Minnehaha County real estate market had 710 homes for sale in April 2024, a 91.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 27
+250.0%
2 90135
+50.0%
3 131250
+90.8%
4 85196
+130.6%
5+ 62122
+96.8%

Summary: The Minnehaha County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 250%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 90.8%, 4 bedroom homes increased by 130.6%, and 5+ bedroom homes increased by 96.8%.

Days on Market for Minnehaha County, SD

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

Average Listing Age

Mar 2024Apr 2024CHANGE
69 Days59 Days-14.4%

Summary: Homes in Minnehaha County had an average listing age of 59 days in Apr 2024, down by 14.4% compared to the previous month.

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

Report Updated 28 Days Ago

Newest Listings in Minnehaha County, SD

Nearby Markets to Minnehaha County, SD

What housing markets are near Minnehaha County, SD?