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Beresford, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
3
Sold (12M)
4
Median Price
$124K
Market Condition
Buyer's Market

Beresford, South Dakota Market Meter

Buyer'sSeller's
Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$124K
Avg Price/Acre
$101K
Avg Days on Market
297
Months of Supply
9.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--12
1-2 acres----
2-5 acres--11
5-10 acres-111
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0134
📊 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 acres2 sold / 0 listed
2-5 acres1 sold / 0 listed
5-10 acres1 sold / 0 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$90K$180K
0- 1
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$497K
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
297
Time to sell
Price Trend (YoY)
-
Year over year

Beresford, South Dakota Land Market Analysis

How much is land worth in Beresford, South Dakota?

The median price for land in Beresford, South Dakota is currently $101K per acre. For a typical parcel, the median sale price is $124K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $69K while premium lots reached $180K.

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

Beresford, South Dakota is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Beresford, South Dakota currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

Over the past 12 months, Beresford, South Dakota saw 4 properties sold, totaling $497K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the median land price in Beresford, South Dakota?

The median land price in Beresford, South Dakota stands at $124K. This translates to roughly $101K per acre for the typical parcel size.

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

Land in Beresford, South Dakota typically sells within 297 days of listing. The median time on market is 344 days. Properties are moving slowly in the current buyer's market.

What is the absorption rate for land in Beresford, South Dakota?

The 3-month absorption rate in Beresford, South Dakota is 11.1%. The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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