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 buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

West Custer is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Custer, SD

How much do homes in West Custer, SD cost?

Median Sold Price

$557,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$93,000(-14.3%)

Key Takeaway

Homes in West Custer have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in West Custer was $557,000 in September 2024, down 14.3% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $415K$222.9K
-46.3%
2 $495K$550K
+11.1%
3 $650K$605K
-6.9%
4 $582.5K$623K
+7.0%
5+ $785K$555K
-29.3%

Summary: West Custer housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 29.3%.

Median Sold Price Compared To Nearby Cities

Custer
-6.1%
West Custer
-14.3%

Housing Supply in West Custer, SD

How many homes are available in West Custer, SD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3836-5.3%

Summary: The West Custer real estate market had 36 homes for sale in September 2024, a 5.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 21
-50.0%
2 97
-22.2%
3 1817
-5.6%
4 46
+50.0%
5+ 55
0.0%

Summary: The West Custer housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 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 2 homes were sold or pending in West Custer in September 2024, down by 66.7% month-over-month. Of the 2 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 Sep 1, 2024

Newest Listings in West Custer, SD

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