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Custer, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
49
Sold (12M)
38
Median Price
$147K
Market Condition
Buyer's Market

Custer, South Dakota Market Meter

Buyer'sSeller's
Buyer's Market

11.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$147K
Avg Price/Acre
$48K
Avg Days on Market
153
Months of Supply
11.3
YoY Price Change
-66.3%
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-139
1-2 acres-123
2-5 acres-348
5-10 acres1346
10-20 acres-236
20-50 acres-234
50-100 acres---1
100+ acres-111
TOTAL1132038
📊 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 acres9 sold / 19 listed
1-2 acres3 sold / 2 listed
2-5 acres8 sold / 10 listed
5-10 acres6 sold / 5 listed
10-20 acres6 sold / 4 listed
20-50 acres4 sold / 6 listed
50-100 acres1 sold / 2 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$380K$760K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$8.6M
Last 12 months
Active Listings
49
Current inventory
Avg Days on Market
153
Time to sell
Price Trend (YoY)
-66.3%
Year over year

Custer, South Dakota Land Market Analysis

How much is land worth in Custer, South Dakota?

The median price for land in Custer, South Dakota is currently $48K 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 $77K while premium lots reached $456K.

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

Custer, South Dakota is currently a buyer's market with 11.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 66.3% year-over-year.

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

Custer, South Dakota currently has 11.3 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

There are currently 49 active listings in Custer, South Dakota. 8 new listings have hit the market in the last 90 days. The median asking price is $150K.

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

The current absorption rate in Custer, South Dakota is 8.8% (3-month basis), indicating moderate demand. With depreciating values (-66.3% YoY), buyers may find value opportunities.

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

Land in Custer, South Dakota typically sells within 153 days of listing. The median time on market is 125 days. Properties are moving slowly in the current buyer's market.

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

The median land price in Custer, South Dakota stands at $147K. This translates to roughly $48K per acre for the typical parcel size. The average price is $226K, indicating some higher-priced properties pulling up the average.

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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