Housing Prices in Summerset, SD

How much do homes in Summerset, SD cost?

Median List Price

$419,950

$190/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$57,950(+16.0%)

Key Takeaway

The list price of homes in Summerset has increased by 16% since last year.

Summary: The median home list price in Summerset was $419,950 in March 2024, up 16% from the previous year, and the median price per square foot was $190.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $299.9K$290K
-3.3%
3 $399.4K$425K
+6.4%
4 $375K$429.9K
+14.6%
5+ -$425K
N/A

Summary: Summerset 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 decreased by 3.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Southwest Meade
+43.8%
Black Hawk
+27.0%
Summerset
+16.0%
Piedmont
+15.8%

Housing Supply in Summerset, SD

How many homes are available in Summerset, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
714+100.0%

Summary: The Summerset real estate market had 14 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 02
+100.0%
4 57
+40.0%
5+ 03
+100.0%

Summary: The Summerset 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 100%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Days on Market for Summerset, SD

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

Average Listing Age

Mar 2023Mar 2024CHANGE
210 Days30 Days-85.5%

Summary: Homes in Summerset had an average listing age of 30 days in Mar 2024, down by 85.5% compared to the previous year.

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 Summerset, SD

Nearby Markets to Summerset, SD

What housing markets are near Summerset, SD?