Comprehensive market data and analysis• Updated Dec 2025
33.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Elk Point, South Dakota is currently $140K per acre. For a typical parcel, the median sale price is $199K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $63K while premium lots reached $354K.
Elk Point, South Dakota is currently a strong buyer's market with 33.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Elk Point, South Dakota currently has 33.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 11 active listings in Elk Point, South Dakota. The median asking price is $30K.
Land in Elk Point, South Dakota typically sells within 384 days of listing. The median time on market is 384 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Elk Point, South Dakota saw 3 properties sold, totaling $621K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Elk Point, South Dakota averages $423K per acre. The median price per acre is $140K, which may be more representative of typical transactions. Most parcels sold are around 15,246 sq ft.
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.
