Is Southwest Meade, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Southwest Meade has remained a Buyer's Market.
Housing Prices in Southwest Meade, SD
How much do homes in Southwest Meade, SD cost?
Median Sold Price
$597,500
$201/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Southwest Meade was $597,500 in March 2024, up 3% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $667.4K | N/A |
3 Bedrooms | $520.9K | $485K | -6.9% |
4 Bedrooms | $437.5K | $625K | +42.9% |
5+ Bedrooms | $627.4K | $570K | -9.2% |
Summary: Southwest Meade housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
Piedmont | $615K | $646.2K | +5.1% |
Southwest Meade | $580K | $597.5K | +3.0% |
Housing Supply in Southwest Meade, SD
How many homes are available in Southwest Meade, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 45 | +25.0% |
Summary: The Southwest Meade real estate market had 45 homes for sale in March 2024, a 25.0% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Southwest Meade 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Southwest Meade in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Southwest Meade, SD
We’re sorry, we don't have information for this market at the moment