Is West Custer, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Custer is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, West Custer was a Buyer's Market.

Key Takeaway

West Custer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Custer, SD

How much do homes in West Custer, SD cost?

Median Sold Price

$629,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,000(+4.8%)

Key Takeaway

Homes in West Custer have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in West Custer was $629,000 in March 2024, up 4.8% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $648K$270K
-58.3%
2 $452K$495K
+9.5%
3 $674.2K$644.5K
-4.4%
4 $585K$660K
+12.8%
5+ $899.5K$700K
-22.2%

Summary: West Custer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 22.2%.

Median Sold Price Compared To Nearby Cities

Custer
+43.7%
West Custer
+4.8%

Housing Supply in West Custer, SD

How many homes are available in West Custer, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2021+5.0%

Summary: The West Custer real estate market had 21 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 99
0.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The West Custer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Custer, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in West Custer in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Custer, SD

We’re sorry, we don't have information for this market at the moment

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

Report Updated 23 Days Ago

Newest Listings in West Custer, SD

Nearby Markets to West Custer, SD

What housing markets are near West Custer, SD?