Landydandy logo

Box Elder, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
56
Sold (12M)
8
Median Price
$351K
Market Condition
Strong Buyer's Market

Box Elder, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

168.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$351K
Avg Price/Acre
$1.2M
Avg Days on Market
108
Months of Supply
168.0
YoY Price Change
-
New Listings (3M)
34

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-136
1-2 acres----
2-5 acres--22
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0158
📊 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 acres6 sold / 14 listed
1-2 acres0 sold / 6 listed
2-5 acres2 sold / 2 listed
5-10 acres0 sold / 31 listed
10-20 acres0 sold / 1 listed
20-50 acres0 sold / 2 listed

Median Price by Acreage

$0$176K$351K
0- 1
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
56
Current inventory
Avg Days on Market
108
Time to sell
Price Trend (YoY)
-
Year over year

Box Elder, South Dakota Land Market Analysis

How much is land worth in Box Elder, South Dakota?

The median price for land in Box Elder, South Dakota is currently $1.2M per acre. For a typical parcel, the median sale price is $351K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $46K while premium lots reached $379K.

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

Box Elder, South Dakota is currently a strong buyer's market with 168.0 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 Box Elder, South Dakota?

Box Elder, South Dakota currently has 168.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Box Elder, South Dakota?

There are currently 56 active listings in Box Elder, South Dakota. 34 new listings have hit the market in the last 90 days. The median asking price is $90K.

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

Land in Box Elder, South Dakota typically sells within 108 days of listing. The median time on market is 90 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

Over the past 12 months, Box Elder, South Dakota saw 8 properties sold, totaling $2.1M in sales volume. In just the last 3 months, 1 properties changed hands.

What is the average price per acre in Box Elder, South Dakota?

Land in Box Elder, South Dakota averages $1.3M per acre. The median price per acre is $1.2M, which may be more representative of typical transactions. Most parcels sold are around 6,752 sq ft.

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.

Explore More Land Market Statistics

All States

South Dakota Counties

Other Cities in Pennington County