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Custer County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
60
Sold (12M)
44
Median Price
$160K
Market Condition
Strong Buyer's Market

Custer County, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.9 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$160K
Avg Price/Acre
$45K
Avg Days on Market
136
Months of Supply
12.9
YoY Price Change
-57.9%
New Listings (3M)
13

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-1410
1-2 acres-123
2-5 acres-349
5-10 acres1347
10-20 acres-347
20-50 acres-245
50-100 acres---1
100+ acres-122
TOTAL1142444
📊 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 acres10 sold / 19 listed
1-2 acres3 sold / 2 listed
2-5 acres9 sold / 13 listed
5-10 acres7 sold / 9 listed
10-20 acres7 sold / 6 listed
20-50 acres5 sold / 7 listed
50-100 acres1 sold / 3 listed
100+ acres2 sold / 1 listed

Median Price by Acreage

$0$315K$630K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$10.3M
Last 12 months
Active Listings
60
Current inventory
Avg Days on Market
136
Time to sell
Price Trend (YoY)
-57.9%
Year over year

Custer County, South Dakota Land Market Analysis

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

The median price for land in Custer County, South Dakota is currently $45K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $73K while premium lots reached $535K.

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

Custer County, South Dakota is currently a strong buyer's market with 12.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 57.9% year-over-year.

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

Custer County, South Dakota currently has 12.9 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

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

Over the past 12 months, Custer County, South Dakota saw 44 properties sold, totaling $10.3M in sales volume. In just the last 3 months, 14 properties changed hands.

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

There are currently 60 active listings in Custer County, South Dakota. 13 new listings have hit the market in the last 90 days. The median asking price is $168K.

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

The current absorption rate in Custer County, South Dakota is 7.8% (3-month basis), indicating slow demand. With depreciating values (-57.9% YoY), buyers may find value opportunities.

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

The 3-month absorption rate in Custer County, South Dakota is 7.8%. The 12-month rate is 6.1%. 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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