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Deadwood, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
71
Sold (12M)
6
Median Price
$206K
Market Condition
Strong Buyer's Market

Deadwood, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

213.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$206K
Avg Price/Acre
$26K
Avg Days on Market
130
Months of Supply
213.0
YoY Price Change
-
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres---1
5-10 acres---2
10-20 acres-111
20-50 acres---2
50-100 acres----
100+ acres----
TOTAL0116
📊 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 acres0 sold / 59 listed
1-2 acres0 sold / 2 listed
2-5 acres1 sold / 4 listed
5-10 acres2 sold / 2 listed
10-20 acres1 sold / 1 listed
20-50 acres2 sold / 1 listed
50-100 acres0 sold / 2 listed

Median Price by Acreage

$0$212K$425K
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.6M
Last 12 months
Active Listings
71
Current inventory
Avg Days on Market
130
Time to sell
Price Trend (YoY)
-
Year over year

Deadwood, South Dakota Land Market Analysis

How much is land worth in Deadwood, South Dakota?

The median price for land in Deadwood, South Dakota is currently $26K per acre. For a typical parcel, the median sale price is $206K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $176K while premium lots reached $425K.

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

Deadwood, South Dakota is currently a strong buyer's market with 213.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Deadwood, South Dakota currently has 213.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Deadwood, South Dakota typically sells within 130 days of listing. The median time on market is 88 days. Properties are moving slowly in the current strong buyer's market.

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

There are currently 71 active listings in Deadwood, South Dakota. 3 new listings have hit the market in the last 90 days. The median asking price is $165K.

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

The current absorption rate in Deadwood, South Dakota is 0.5% (3-month basis), indicating slow demand.

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

Land in Deadwood, South Dakota averages $26K per acre. The median price per acre is $26K, which may be more representative of typical transactions. Most parcels sold are around 9.0 acres.

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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