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Peever, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$950K
Market Condition
Strong Buyer's Market

Peever, South Dakota Market Meter

Buyer'sSeller's
Strong Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$950K
Avg Price/Acre
$4K
Avg Days on Market
67
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

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----
50-100 acres----
100+ acres---1
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
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$475K$950K
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$950K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
67
Time to sell
Price Trend (YoY)
-
Year over year

Peever, South Dakota Land Market Analysis

How much is land worth in Peever, South Dakota?

The median price for land in Peever, South Dakota is currently $4K per acre. For a typical parcel, the median sale price is $950K. Recently, the cheapest land sold for $950K while premium lots reached $950K.

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

The 12-month rate is 100.0%. 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 Peever, South Dakota last year?

Over the past 12 months, Peever, South Dakota saw 1 properties sold, totaling $950K in sales volume.

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

The top-performing broker in this market is Dakota View Realty & Auctions.

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

Land in Peever, South Dakota averages $4K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 271.0 acres.

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

Land in Peever, South Dakota typically sells within 67 days of listing. The median time on market is 67 days. Properties are moving at a moderate pace.

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

The median land price in Peever, South Dakota stands at $950K. 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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