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 March 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

$382,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$106,000(+38.4%)

Key Takeaway

Homes in Whitewood have sold for 38.4% more than they did a year ago.

Summary: The median home sold price in Whitewood was $382,000 in March 2024, up 38.4% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$80K
N/A
2 $246K$234.5K
-4.7%
3 $267K$445K
+66.7%
4 $332K$675K
+103.3%
5+ $499.9K$399K
-20.2%

Summary: Whitewood 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 4.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 103.3%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Cities

Whitewood
+38.4%
North Lawrence
0%

Housing Supply in Whitewood, SD

How many homes are available in Whitewood, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
710+42.9%

Summary: The Whitewood real estate market had 10 homes for sale in March 2024, a 42.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 23
+50.0%
4 23
+50.0%
5+ 10
-100.0%

Summary: The Whitewood 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

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 March 2024, the same as the previous 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 18 Days Ago

Newest Listings in Whitewood, SD

Nearby Markets to Whitewood, SD

What housing markets are near Whitewood, SD?