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Grant County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
30
Sold (12M)
20
Median Price
$51K
Market Condition
Strong Buyer's Market

Grant County, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

22.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$51K
Avg Price/Acre
$74K
Avg Days on Market
155
Months of Supply
22.5
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-2410
1-2 acres-244
2-5 acres---2
5-10 acres----
10-20 acres---1
20-50 acres----
50-100 acres---1
100+ acres--11
TOTAL04919
📊 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 / 23 listed
1-2 acres4 sold / 1 listed
2-5 acres2 sold / 3 listed
10-20 acres1 sold / 0 listed
20-50 acres0 sold / 1 listed
50-100 acres1 sold / 0 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$625K$1.3M
0- 1
1- 2
2- 5
10- 20
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.8M
Last 12 months
Active Listings
30
Current inventory
Avg Days on Market
155
Time to sell
Price Trend (YoY)
-
Year over year

Grant County, South Dakota Land Market Analysis

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

The median price for land in Grant County, South Dakota is currently $74K per acre. For a typical parcel, the median sale price is $51K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $21K while premium lots reached $214K.

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

Grant County, South Dakota is currently a strong buyer's market with 22.5 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 Grant County, South Dakota?

Grant County, South Dakota currently has 22.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

The current absorption rate in Grant County, South Dakota is 4.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Shady Oak Realty.

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

Land in Grant County, South Dakota averages $1261.0M per acre. The median price per acre is $74K, which may be more representative of typical transactions. Most parcels sold are around 37,026 sq ft.

What is the median land price in Grant County, South Dakota?

The median land price in Grant County, South Dakota stands at $51K. This translates to roughly $74K per acre for the typical parcel size. The average price is $139K, indicating some higher-priced properties pulling up the average.

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

Land in Grant County, South Dakota typically sells within 155 days of listing. The median time on market is 103 days. Properties are moving slowly in the current strong buyer's market.

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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