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Belle Fourche, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
82
Sold (12M)
24
Median Price
$139K
Market Condition
Strong Buyer's Market

Belle Fourche, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

82.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$139K
Avg Price/Acre
$25K
Avg Days on Market
349
Months of Supply
82.0
YoY Price Change
+105.9%
New Listings (3M)
10

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres---3
2-5 acres1148
5-10 acres-146
10-20 acres-113
20-50 acres---3
50-100 acres----
100+ acres----
TOTAL13924
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres1 sold / 17 listed
1-2 acres3 sold / 6 listed
2-5 acres8 sold / 19 listed
5-10 acres6 sold / 23 listed
10-20 acres3 sold / 12 listed
20-50 acres3 sold / 4 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$148K$295K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.6M
Last 12 months
Active Listings
82
Current inventory
Avg Days on Market
349
Time to sell
Price Trend (YoY)
+105.9%
Year over year

Belle Fourche, South Dakota Land Market Analysis

How much is land worth in Belle Fourche, South Dakota?

The median price for land in Belle Fourche, South Dakota is currently $25K per acre. For a typical parcel, the median sale price is $139K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $60K while premium lots reached $242K.

Is now a good time to buy land in Belle Fourche, South Dakota?

Belle Fourche, South Dakota is currently a strong buyer's market with 82.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 105.9% year-over-year.

What is the months of supply for land in Belle Fourche, South Dakota?

Belle Fourche, South Dakota currently has 82.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

Is now a good time to invest in land in Belle Fourche, South Dakota?

The current absorption rate in Belle Fourche, South Dakota is 1.2% (3-month basis), indicating slow demand. With appreciating values (+105.9% YoY), the market shows growth potential.

How long does it take to sell land in Belle Fourche, South Dakota?

Land in Belle Fourche, South Dakota typically sells within 349 days of listing. The median time on market is 212 days. Properties are moving slowly in the current strong buyer's market.

What is the total amount sold in Belle Fourche, South Dakota last year?

Over the past 12 months, Belle Fourche, South Dakota saw 24 properties sold, totaling $3.6M in sales volume. In just the last 3 months, 3 properties changed hands.

What is the average price per acre in Belle Fourche, South Dakota?

Land in Belle Fourche, South Dakota averages $39K per acre. The median price per acre is $25K, which may be more representative of typical transactions. Most parcels sold are around 5.0 acres.

Data Sources & Accuracy

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.

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