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Brookings County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
169
Sold (12M)
4
Median Price
$147K
Market Condition
Strong Buyer's Market

Brookings County, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

507.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$147K
Avg Price/Acre
$31K
Avg Days on Market
214
Months of Supply
507.0
YoY Price Change
-
New Listings (3M)
45

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-112
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres---2
TOTAL0114
📊 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 / 88 listed
1-2 acres0 sold / 14 listed
2-5 acres0 sold / 6 listed
5-10 acres0 sold / 1 listed
100+ acres2 sold / 3 listed

Median Price by Acreage

$0$527K$1.1M
0- 1
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.2M
Last 12 months
Active Listings
169
Current inventory
Avg Days on Market
214
Time to sell
Price Trend (YoY)
-
Year over year

Brookings County, South Dakota Land Market Analysis

How much is land worth in Brookings County, South Dakota?

The median price for land in Brookings County, South Dakota is currently $31K per acre. For a typical parcel, the median sale price is $147K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $33K while premium lots reached $1.4M.

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

Land in Brookings County, South Dakota typically sells within 214 days of listing. The median time on market is 160 days. Properties are moving slowly in the current strong buyer's market.

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

The 3-month absorption rate in Brookings County, South Dakota is 0.2%. The 12-month rate is 0.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Brookings County, South Dakota?

The median land price in Brookings County, South Dakota stands at $147K. This translates to roughly $31K per acre for the typical parcel size. The average price is $548K, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Brookings County, South Dakota?

There are currently 169 active listings in Brookings County, South Dakota. 45 new listings have hit the market in the last 90 days. The median asking price is $60K.

Is now a good time to invest in land in Brookings County, South Dakota?

The current absorption rate in Brookings County, South Dakota is 0.2% (3-month basis), indicating slow demand. The top-performing broker in this market is American Legacy Land Company.

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

Over the past 12 months, Brookings County, South Dakota saw 4 properties sold, totaling $2.2M in sales volume. In just the last 3 months, 1 properties changed hands.

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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