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Butte County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
96
Sold (12M)
33
Median Price
$145K
Market Condition
Strong Buyer's Market

Butte County, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

48.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$145K
Avg Price/Acre
$22K
Avg Days on Market
290
Months of Supply
48.0
YoY Price Change
+204.4%
New Listings (3M)
11

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres---3
2-5 acres2259
5-10 acres-146
10-20 acres-113
20-50 acres1128
50-100 acres--11
100+ acres1111
TOTAL461433
📊 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 / 19 listed
1-2 acres3 sold / 6 listed
2-5 acres9 sold / 24 listed
5-10 acres6 sold / 23 listed
10-20 acres3 sold / 12 listed
20-50 acres8 sold / 5 listed
50-100 acres1 sold / 4 listed
100+ acres1 sold / 2 listed

Median Price by Acreage

$0$1.0M$2.0M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$7.5M
Last 12 months
Active Listings
96
Current inventory
Avg Days on Market
290
Time to sell
Price Trend (YoY)
+204.4%
Year over year

Butte County, South Dakota Land Market Analysis

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

The median price for land in Butte County, South Dakota is currently $22K per acre. For a typical parcel, the median sale price is $145K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $329K.

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

Butte County, South Dakota is currently a strong buyer's market with 48.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 204.4% year-over-year.

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

Butte County, South Dakota currently has 48.0 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 Butte County, South Dakota?

The current absorption rate in Butte County, South Dakota is 2.1% (3-month basis), indicating slow demand. With appreciating values (+204.4% YoY), the market shows growth potential.

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

The median land price in Butte County, South Dakota stands at $145K. This translates to roughly $22K per acre for the typical parcel size. The average price is $229K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Butte County, South Dakota?

Land in Butte County, South Dakota averages $34K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 7.5 acres.

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

The 3-month absorption rate in Butte County, South Dakota is 2.1%. The 12-month rate is 2.9%. 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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