Housing Prices in Lake County, SD

How much do homes in Lake County, SD cost?

Median List Price

$435,000

$244/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$204,900(-32.0%)

Key Takeaway

The list price of homes in Lake County has decreased by 32% since March.

Summary: The median home list price in Lake County was $435,000 in April 2024, down 32% from the previous month, and the median price per square foot was $244.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $319.9K$327.4K
+2.3%
3 $385K$385K
0.0%
4 $884.9K$814.9K
-7.9%
5+ $875K$757.4K
-13.4%

Summary: Lake County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 13.4%.

Median List Price Compared To Nearby Counties

Miner County
+75.1%
Moody County
-1.6%
Minnehaha County
-4.8%
Lake County
-32.0%

Housing Supply in Lake County, SD

How many homes are available in Lake County, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3553+51.4%

Summary: The Lake County real estate market had 53 homes for sale in April 2024, a 51.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 1115
+36.4%
4 1422
+57.1%
5+ 58
+60.0%

Summary: The Lake County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 60%.

Days on Market for Lake County, SD

How long does it take to sell a home in Lake County, SD?

Average Listing Age

Mar 2024Apr 2024CHANGE
71 Days72 Days+2.0%

Summary: Homes in Lake County had an average listing age of 72 days in Apr 2024, up by 2% compared to the previous month.

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

Report Updated 5 Days Ago

Newest Listings in Lake County, SD

Nearby Markets to Lake County, SD

What housing markets are near Lake County, SD?