Is West Custer, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Custer is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, West Custer was a Seller's Market.

Key Takeaway

West Custer is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Custer, SD

How much do homes in West Custer, SD cost?

Median Sold Price

$624,500

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$23,500(-3.6%)

Key Takeaway

Homes in West Custer have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in West Custer was $624,500 in May 2024, down 3.6% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $648K$245.9K
-62.1%
2 $439K$569K
+29.6%
3 $677K$639K
-5.6%
4 $575K$660K
+14.8%
5+ $877.3K$670K
-23.6%

Summary: West Custer housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.1%, 2 bedroom homes increased by 29.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 23.6%.

Median Sold Price Compared To Nearby Cities

West Custer
-3.6%
East Custer
-16.7%
Custer
-19.6%

Housing Supply in West Custer, SD

How many homes are available in West Custer, SD?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2834+21.4%

Summary: The West Custer real estate market had 34 homes for sale in May 2024, a 21.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1012
+20.0%
3 1317
+30.8%
4 33
0.0%
5+ 00
0.0%

Summary: The West Custer 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 increased by 20%, 3 bedroom homes increased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Custer, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in West Custer in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for West Custer, SD

We’re sorry, we don't have information for this market at the moment

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

Report Updated 1 Day Ago

Newest Listings in West Custer, SD

Nearby Markets to West Custer, SD

What housing markets are near West Custer, SD?