Housing Prices in Tea, SD

How much do homes in Tea, SD cost?

Median List Price

$425,000

$248/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

+$45,200(+11.9%)

Key Takeaway

The list price of homes in Tea has increased by 11.9% since March.

Summary: The median home list price in Tea was $425,000 in April 2024, up 11.9% from the previous month, and the median price per square foot was $248.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $323.8K$311.8K
-3.7%
3 $447.1K$445.8K
-0.3%
4 $432.8K$418.9K
-3.2%
5+ $472.8K$599.9K
+26.9%

Summary: Tea 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 decreased by 3.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 26.9%.

Median List Price Compared To Nearby Cities

Tea
+11.9%
Delapre Township
-3.3%

Housing Supply in Tea, SD

How many homes are available in Tea, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2949+69.0%

Summary: The Tea real estate market had 49 homes for sale in April 2024, a 69.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1621
+31.3%
4 511
+120.0%
5+ 19
+800.0%

Summary: The Tea 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 14.3%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 120%, and 5+ bedroom homes increased by 800%.

Days on Market for Tea, SD

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

Average Listing Age

Mar 2024Apr 2024CHANGE
73 Days67 Days-8.6%

Summary: Homes in Tea had an average listing age of 67 days in Apr 2024, down by 8.6% compared to the previous month.

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

Report Updated 18 Days Ago

Newest Listings in Tea, SD

Nearby Markets to Tea, SD

What housing markets are near Tea, SD?