Comprehensive market data and analysis
We're showing South Dakota County statistics below to give you a broader market picture. As more transactions occur in Dupree, South Dakota, we'll update with specific local data.
View nearby areas with more activity:
38.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Dupree, South Dakota | ||||||
The median price for land in the South Dakota area is currently $119K per acre. For a typical parcel, the median sale price is $113K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $430K.
the South Dakota area is currently a strong buyer's market with 38.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 13.7% year-over-year.
the South Dakota area currently has 38.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in the South Dakota area averages $212K per acre. The median price per acre is $119K, which may be more representative of typical transactions. Most parcels sold are around 36,155 sq ft.
The median land price in the South Dakota area stands at $113K. This translates to roughly $119K per acre for the typical parcel size. The average price is $205K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, the South Dakota area saw 898 properties sold, totaling $182.2M in sales volume. In just the last 3 months, 233 properties changed hands.
The 3-month absorption rate in the South Dakota area is 2.6%. The 12-month rate is 2.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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