Featuring Property Focus AI™
South Dakota Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, South Dakota saw 3,513 residential properties sold. As of June 2025, the median price for a single-family home is $305,000, with a median AVM value of $310,000 for properties sold in the last year.
There are 266 involuntary liens on 233 properties, 16 in pre-foreclosure, and 261,691 properties with more than 50% equity in South Dakota. The market also includes 221,727 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
325,832
Total Home Sales
3,513 12 mo. trend
Median Home Price
$305,00012 mo. trend
Average Loan-to-Value
8.52%
Current Pre-foreclosures
16
% of Properties in Distress
0%
Total Involuntary Liens
266
% of High Equity Homes
80.31%
South Dakota Real Estate Markets
The cities and zip codes listed below represent the highest-value real estate markets in South Dakota based strictly on median home sale prices. Leading markets include Wessington Springs ($1,764,000), White Lake ($636,000), 57382 ($1,764,000), and 57383 ($636,000), which consistently rank among the state's highest value residential areas over the past 12 months. These locations showcase the top-tier property markets across South Dakota. Search other nearby counties to discover their top markets.