Is Meade County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Meade County has remained a Buyer's Market.
Housing Prices in Meade County, SD
How much do homes in Meade County, SD cost?
Median Sold Price
$390,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Meade County was $390,000 in April 2024, up 8.3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.1M | - | N/A |
2 Bedrooms | $310K | $250K | -19.4% |
3 Bedrooms | $325K | $367.5K | +13.1% |
4 Bedrooms | $371.5K | $437K | +17.6% |
5+ Bedrooms | $550K | $589.9K | +7.3% |
Summary: Meade County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Counties
Butte County | $255.5K | $322.5K | +26.2% |
Meade County | $360K | $390K | +8.3% |
Lawrence County | $415.5K | $450K | +8.3% |
Pennington County | $348.4K | $354.9K | +1.9% |
Housing Supply in Meade County, SD
How many homes are available in Meade County, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 117 | +36.0% |
Summary: The Meade County real estate market had 117 homes for sale in April 2024, a 36.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 26 | 41 | +57.7% |
4 Bedrooms | 26 | 37 | +42.3% |
5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The Meade 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 decreased by 12.5%, 3 bedroom homes increased by 57.7%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 24%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Meade County in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Meade County, SD
We’re sorry, we don't have information for this market at the moment