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Hamlin County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
40
Sold (12M)
5
Median Price
$626K
Market Condition
Strong Buyer's Market

Hamlin County, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

60.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$626K
Avg Price/Acre
$14K
Avg Days on Market
43
Months of Supply
60.0
YoY Price Change
-
New Listings (3M)
23

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres--11
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres-223
100+ acres----
TOTAL0235
📊 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 / 27 listed
1-2 acres0 sold / 2 listed
2-5 acres1 sold / 1 listed
5-10 acres0 sold / 2 listed
20-50 acres0 sold / 2 listed
50-100 acres3 sold / 0 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$375K$750K
0- 1
2- 5
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.6M
Last 12 months
Active Listings
40
Current inventory
Avg Days on Market
43
Time to sell
Price Trend (YoY)
-
Year over year

Hamlin County, South Dakota Land Market Analysis

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

The median price for land in Hamlin County, South Dakota is currently $14K per acre. For a typical parcel, the median sale price is $626K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $58K while premium lots reached $960K.

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

Hamlin County, South Dakota is currently a strong buyer's market with 60.0 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 Hamlin County, South Dakota?

Hamlin County, South Dakota currently has 60.0 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 Hamlin County, South Dakota?

The current absorption rate in Hamlin County, South Dakota is 1.7% (3-month basis), indicating slow demand. The top-performing broker in this market is HAUGAN NELSON REALTY, INC.

What is the total amount sold in Hamlin County, South Dakota last year?

Over the past 12 months, Hamlin County, South Dakota saw 5 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 2 properties changed hands.

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

There are currently 40 active listings in Hamlin County, South Dakota. 23 new listings have hit the market in the last 90 days. The median asking price is $25K.

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

Land in Hamlin County, South Dakota typically sells within 43 days of listing. The median time on market is 41 days. Properties are moving quickly 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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