Is Lead, 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, Lead was a Neutral Market.
Housing Prices in Lead, SD
How much do homes in Lead, SD cost?
Median Sold Price
$339,250
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lead was $339,250 in April 2024, up 49.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $410K | +241.7% |
2 Bedrooms | $160K | $190K | +18.8% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $262.5K | $670K | +155.2% |
5+ Bedrooms | $757.6K | $817.5K | +7.9% |
Summary: Lead housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 241.7%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 155.2%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in Lead, SD
How many homes are available in Lead, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 69 | +30.2% |
Summary: The Lead real estate market had 69 homes for sale in April 2024, a 30.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The Lead 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 16.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lead in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Lead, SD
We’re sorry, we don't have information for this market at the moment