Housing Prices in Lake County, SD

How much do homes in Lake County, SD cost?

Median List Price

$435,000

$244/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$204,900(-32.0%)

Key Takeaway

The list price of homes in Lake County has decreased by 32% since March.

Summary: The median home list price in Lake County was $435,000 in April 2024, down 32% from the previous month, and the median price per square foot was $244.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $319.9K$327.4K
+2.3%
3 $385K$385K
0.0%
4 $884.9K$814.9K
-7.9%
5+ $875K$757.4K
-13.4%

Summary: Lake County 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 increased by 2.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 13.4%.

Median List Price Compared To Nearby Counties

Miner County
+75.1%
Moody County
-1.6%
Minnehaha County
-4.8%
Lake County
-32.0%

Housing Supply in Lake County, SD

How many homes are available in Lake County, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3553+51.4%

Summary: The Lake County real estate market had 53 homes for sale in April 2024, a 51.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 1115
+36.4%
4 1422
+57.1%
5+ 58
+60.0%

Summary: The Lake 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 increased by 60%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 60%.

Days on Market for Lake County, SD

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

Average Listing Age

Mar 2024Apr 2024CHANGE
71 Days72 Days+2.0%

Summary: Homes in Lake County had an average listing age of 72 days in Apr 2024, up by 2% compared to the previous month.

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

Report Updated 11 Days Ago

Newest Listings in Lake County, SD

Nearby Markets to Lake County, SD

What housing markets are near Lake County, SD?