Is Mount Rushmore, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mount Rushmore was a Seller's Market.
Housing Prices in Mount Rushmore, SD
How much do homes in Mount Rushmore, SD cost?
Median Sold Price
$700,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mount Rushmore was $700,000 in March 2024, up 48.2% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $366.8K | $532.4K | +45.1% |
3 Bedrooms | $546.4K | $625K | +14.4% |
4 Bedrooms | $514.9K | $680K | +32.1% |
5+ Bedrooms | $690K | $900K | +30.4% |
Summary: Mount Rushmore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.1%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 30.4%.
Median Sold Price Compared To Nearby Cities
Mount Rushmore | $472.4K | $700K | +48.2% |
Rapid City | $325K | $354K | +8.9% |
Housing Supply in Mount Rushmore, SD
How many homes are available in Mount Rushmore, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The Mount Rushmore real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Mount Rushmore 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Mount Rushmore in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mount Rushmore, SD
We’re sorry, we don't have information for this market at the moment