Comprehensive market data and analysis• Updated Dec 2025
66.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 5 |
| 1-2 acres | - | 1 | 2 | 4 |
| 2-5 acres | 1 | 1 | 7 | 8 |
| 5-10 acres | - | - | - | 3 |
| 10-20 acres | - | 1 | 3 | 5 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 6 | 17 | 26 |
Acreage buckets
The median price for land in Lead, South Dakota is currently $45K per acre. For a typical parcel, the median sale price is $159K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $98K while premium lots reached $410K.
Lead, South Dakota is currently a strong buyer's market with 66.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 233.3% year-over-year.
Lead, South Dakota currently has 66.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Lead, South Dakota stands at $159K. This translates to roughly $45K per acre for the typical parcel size. The average price is $299K, indicating some higher-priced properties pulling up the average.
Land in Lead, South Dakota averages $92K per acre. The median price per acre is $45K, which may be more representative of typical transactions. Most parcels sold are around 3.4 acres.
Over the past 12 months, Lead, South Dakota saw 26 properties sold, totaling $7.8M in sales volume. In just the last 3 months, 6 properties changed hands.
There are currently 132 active listings in Lead, South Dakota. 38 new listings have hit the market in the last 90 days. The median asking price is $269K.
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.
