5
Buyer's Markets
15.5
Highest Supply (mo)
$1K
Lowest Median Price
46
Avg Days on Market
| # | City | Months Supply | Median Price | Days on Market | YoY Change |
|---|---|---|---|---|---|
| 1 | Lead | 15.5 mo | $241K | 112 days | N/A |
| 2 | Deadwood | 15.0 mo | $1K | 26 days | N/A |
| 3 | Hartford | 8.0 mo | $255K | 16 days | N/A |
| 4 | North Sioux City | 7.0 mo | $430K | days | N/A |
| 5 | Vermillion | 7.0 mo | $150K | 74 days | N/A |
South Dakota currently has 5 buyer's markets—cities where housing inventory exceeds 6 months. In these markets, buyers typically have more negotiating power, can take their time making decisions, and may be able to purchase below asking price.
Work with a local expert who can help you take advantage of buyer-friendly conditions.
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