Is Custer County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Custer County was a Neutral Market.
Housing Prices in Custer County, SD
How much do homes in Custer County, SD cost?
Median Sold Price
$495,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Custer County was $495,000 in April 2024, down 11.9% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $648K | $415K | -36.0% |
2 Bedrooms | $322K | $385K | +19.6% |
3 Bedrooms | $549K | $512.5K | -6.6% |
4 Bedrooms | $652.5K | $552.2K | -15.4% |
5+ Bedrooms | $700K | $569K | -18.7% |
Summary: Custer County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36%, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 18.7%.
Median Sold Price Compared To Nearby Counties
Fall River County | $230K | $290K | +26.1% |
Pennington County | $348.4K | $354.9K | +1.9% |
Custer County | $562K | $495K | -11.9% |
Housing Supply in Custer County, SD
How many homes are available in Custer County, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 53 | +39.5% |
Summary: The Custer County real estate market had 53 homes for sale in April 2024, a 39.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Custer County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Custer County in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Custer County, SD
We’re sorry, we don't have information for this market at the moment