Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

$360,866

$199/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$18,035(-4.8%)

Key Takeaway

The list price of homes in Minnehaha County has decreased by 4.8% since March.

Summary: The median home list price in Minnehaha County was $360,866 in April 2024, down 4.8% from the previous month, and the median price per square foot was $199.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $189.9K$150K
-21.0%
2 $326.9K$309.8K
-5.2%
3 $369.9K$322.2K
-12.9%
4 $397K$399.7K
+0.7%
5+ $679.9K$599.9K
-11.8%

Summary: Minnehaha County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 21%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 11.8%.

Median List Price Compared To Nearby Counties

Turner County
+23.9%
McCook County
+20.5%
Moody County
-1.6%
Minnehaha County
-4.8%
Lake County
-32.0%

Housing Supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
370710+91.9%

Summary: The Minnehaha County real estate market had 710 homes for sale in April 2024, a 91.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 27
+250.0%
2 90135
+50.0%
3 131250
+90.8%
4 85196
+130.6%
5+ 62122
+96.8%

Summary: The Minnehaha County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 250%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 90.8%, 4 bedroom homes increased by 130.6%, and 5+ bedroom homes increased by 96.8%.

Days on Market for Minnehaha County, SD

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

Average Listing Age

Mar 2024Apr 2024CHANGE
69 Days59 Days-14.4%

Summary: Homes in Minnehaha County had an average listing age of 59 days in Apr 2024, down by 14.4% 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 Minnehaha County, SD

Nearby Markets to Minnehaha County, SD

What housing markets are near Minnehaha County, SD?