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Chester, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
1
Median Price
$79K
Market Condition
Strong Buyer's Market

Chester, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$79K
Avg Price/Acre
$478K
Avg Days on Market
47
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0001
📊 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 / 0 listed
5-10 acres0 sold / 1 listed

Median Price by Acreage

$0$40K$79K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$79K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
47
Time to sell
Price Trend (YoY)
-
Year over year

Chester, South Dakota Land Market Analysis

How much is land worth in Chester, South Dakota?

The median price for land in Chester, South Dakota is currently $478K per acre. For a typical parcel, the median sale price is $79K. Recently, the cheapest land sold for $79K while premium lots reached $79K.

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

The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Chester, South Dakota saw 1 properties sold, totaling $79K in sales volume.

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

Land in Chester, South Dakota averages $478K per acre. The median price per acre is $478K, which may be more representative of typical transactions. Most parcels sold are around 7,200 sq ft.

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

The median land price in Chester, South Dakota stands at $79K. This translates to roughly $478K per acre for the typical parcel size.

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

Land in Chester, South Dakota typically sells within 47 days of listing. The median time on market is 47 days. Properties are moving quickly in the current strong buyer's market.

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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