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Gary, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
2
Median Price
$304K
Market Condition
Strong Buyer's Market

Gary, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$304K
Avg Price/Acre
$737K
Avg Days on Market
152
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--11
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres--11
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0022
📊 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 acres1 sold / 6 listed
1-2 acres0 sold / 1 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$188K$375K
0- 1
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$608K
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
152
Time to sell
Price Trend (YoY)
-
Year over year

Gary, South Dakota Land Market Analysis

How much is land worth in Gary, South Dakota?

The median price for land in Gary, South Dakota is currently $737K per acre. For a typical parcel, the median sale price is $304K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $247K while premium lots reached $361K.

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

Land in Gary, South Dakota averages $737K per acre. The median price per acre is $737K, which may be more representative of typical transactions. Most parcels sold are around 5.6 acres.

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

The median land price in Gary, South Dakota stands at $304K. This translates to roughly $737K per acre for the typical parcel size.

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

The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The top-performing broker in this market is PRIME REALTY, INC..

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

Land in Gary, South Dakota typically sells within 152 days of listing. The median time on market is 152 days. Properties are moving slowly in the current strong buyer's market.

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

There are currently 7 active listings in Gary, South Dakota. 2 new listings have hit the market in the last 90 days. The median asking price is $83K.

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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