Is Belle Fourche, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Belle Fourche was a Seller's Market.
Housing Prices in Belle Fourche, SD
How much do homes in Belle Fourche, SD cost?
Median Sold Price
$369,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Belle Fourche was $369,000 in May 2024, up 35.2% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122.5K | $75K | -38.8% |
2 Bedrooms | $164.4K | $205K | +24.7% |
3 Bedrooms | $289.7K | $366.3K | +26.5% |
4 Bedrooms | $280K | $350K | +25.0% |
5+ Bedrooms | $362K | $425K | +17.4% |
Summary: Belle Fourche housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.8%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 17.4%.
Housing Supply in Belle Fourche, SD
How many homes are available in Belle Fourche, SD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The Belle Fourche real estate market had 26 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Belle Fourche housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Belle Fourche in May 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Belle Fourche, SD
We’re sorry, we don't have information for this market at the moment