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Lemmon, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
1
Median Price
$120K
Market Condition
Strong Buyer's Market

Lemmon, 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
$120K
Avg Price/Acre
$4K
Avg Days on Market
407
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL0001
📊 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 acres0 sold / 2 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$60K$120K
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$120K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
407
Time to sell
Price Trend (YoY)
-
Year over year

Lemmon, South Dakota Land Market Analysis

How much is land worth in Lemmon, South Dakota?

The median price for land in Lemmon, South Dakota is currently $4K per acre. For a typical parcel, the median sale price is $120K. Recently, the cheapest land sold for $120K while premium lots reached $120K.

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

There are currently 2 active listings in Lemmon, South Dakota. 1 new listings have hit the market in the last 90 days. The median asking price is $17K.

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

Land in Lemmon, South Dakota typically sells within 407 days of listing. The median time on market is 407 days. Properties are moving slowly in the current strong buyer's market.

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

The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Lemmon, South Dakota saw 1 properties sold, totaling $120K in sales volume.

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

The median land price in Lemmon, South Dakota stands at $120K. This translates to roughly $4K per acre for the typical parcel size.

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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