Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 2 |
Acreage buckets
The median price for land in Alcester, South Dakota is currently $104K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $80K.
Alcester, South Dakota is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Alcester, South Dakota currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Alcester, South Dakota typically sells within 156 days of listing. The median time on market is 156 days. Properties are moving slowly in the current seller's market.
There are currently 1 active listings in Alcester, South Dakota. The median asking price is $1.5M.
Land in Alcester, South Dakota averages $104K per acre. The median price per acre is $104K, which may be more representative of typical transactions. Most parcels sold are around 24,611 sq ft.
The current absorption rate in Alcester, South Dakota is 33.3% (3-month basis), indicating strong demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
