Is Whitewood, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitewood is a buyer's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Whitewood, SD

How much do homes in Whitewood, SD cost?

Median Sold Price

$435,501

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$35,601(+8.9%)

Key Takeaway

Homes in Whitewood have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Whitewood was $435,501 in August 2024, up 8.9% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$80K
N/A
2 $218.5K$234.5K
+7.3%
3 $365K$577.7K
+58.3%
4 $399.9K$484.7K
+21.2%
5+ $900K$399K
-55.7%

Summary: Whitewood housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 55.7%.

Median Sold Price Compared To Nearby Cities

Whitewood
+8.9%
North Lawrence
-7.9%

Housing Supply in Whitewood, SD

How many homes are available in Whitewood, SD?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
912+33.3%

Summary: The Whitewood real estate market had 12 homes for sale in August 2024, a 33.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 33
0.0%
3 24
+100.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The Whitewood housing inventory by bedroom type for August 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 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitewood, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Whitewood in August 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Whitewood, 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 8 Days Ago

Newest Listings in Whitewood, SD

Nearby Markets to Whitewood, SD

What housing markets are near Whitewood, SD?