Is Northeast Fall River, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Northeast Fall River was a Seller's Market.
Housing Prices in Northeast Fall River, SD
How much do homes in Northeast Fall River, SD cost?
Median Sold Price
$192,000
$179/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Northeast Fall River was $192,000 in May 2024, down 53.5% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $390K | $234K | -40.0% |
3 Bedrooms | $421.5K | - | N/A |
4 Bedrooms | - | $150K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Northeast Fall River housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Northeast Fall River, SD
How many homes are available in Northeast Fall River, SD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Summary: The Northeast Fall River real estate market had 19 homes for sale in May 2024, a 5.6% 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 | 4 | 3 | -25.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Northeast Fall River 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 decreased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Northeast Fall River in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Northeast Fall River, SD
We’re sorry, we don't have information for this market at the moment