Comprehensive market data and analysis• Updated Dec 2025
33.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 4 | 8 | 12 |
| 1-2 acres | - | - | 6 | 13 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | 1 | 1 | 1 | 1 |
| TOTAL | 2 | 6 | 18 | 31 |
Acreage buckets
The median price for land in Codington County, South Dakota is currently $115K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $49K while premium lots reached $300K.
Codington County, South Dakota is currently a strong buyer's market with 33.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 570.0% year-over-year.
Codington County, South Dakota currently has 33.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Codington County, South Dakota saw 43 properties sold, totaling $5.9M in sales volume. In just the last 3 months, 8 properties changed hands.
Land in Codington County, South Dakota averages $170K per acre. The median price per acre is $115K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.
There are currently 90 active listings in Codington County, South Dakota. 8 new listings have hit the market in the last 90 days. The median asking price is $72K.
The current absorption rate in Codington County, South Dakota is 3.0% (3-month basis), indicating slow demand. With appreciating values (+570.0% YoY), the market shows growth potential. The top-performing broker in this market is HAUGAN NELSON REALTY, INC.
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.
