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Hughes County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
47
Sold (12M)
11
Median Price
$50K
Market Condition
Strong Buyer's Market

Hughes County, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

141.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$50K
Avg Price/Acre
$66K
Avg Days on Market
55
Months of Supply
141.0
YoY Price Change
-
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-126
1-2 acres----
2-5 acres--12
5-10 acres--11
10-20 acres--11
20-50 acres----
50-100 acres----
100+ acres----
TOTAL01510
📊 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 acres6 sold / 30 listed
1-2 acres0 sold / 3 listed
2-5 acres2 sold / 3 listed
5-10 acres1 sold / 2 listed
10-20 acres1 sold / 0 listed
20-50 acres0 sold / 2 listed
100+ acres0 sold / 3 listed

Median Price by Acreage

$0$57K$113K
0- 1
2- 5
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$693K
Last 12 months
Active Listings
47
Current inventory
Avg Days on Market
55
Time to sell
Price Trend (YoY)
-
Year over year

Hughes County, South Dakota Land Market Analysis

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

The median price for land in Hughes County, South Dakota is currently $66K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $98K.

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

Hughes County, South Dakota is currently a strong buyer's market with 141.0 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 Hughes County, South Dakota?

Hughes County, South Dakota currently has 141.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

The 3-month absorption rate in Hughes County, South Dakota is 0.7%. The 12-month rate is 1.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The median land price in Hughes County, South Dakota stands at $50K. This translates to roughly $66K per acre for the typical parcel size. The average price is $63K, indicating some higher-priced properties pulling up the average.

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

Land in Hughes County, South Dakota averages $91K per acre. The median price per acre is $66K, which may be more representative of typical transactions. Most parcels sold are around 32,234 sq ft.

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

Land in Hughes County, South Dakota typically sells within 55 days of listing. The median time on market is 30 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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