Comprehensive market data and analysis• Updated Dec 2025
51.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | 1 | 2 | 3 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Renner, South Dakota is currently $122K per acre. For a typical parcel, the median sale price is $142K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $126K while premium lots reached $197K.
Renner, South Dakota is currently a strong buyer's market with 51.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Renner, South Dakota currently has 51.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 17 active listings in Renner, South Dakota. The median asking price is $170K.
The current absorption rate in Renner, South Dakota is 2.0% (3-month basis), indicating slow demand.
Land in Renner, South Dakota typically sells within 331 days of listing. The median time on market is 295 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Renner, South Dakota stands at $142K. This translates to roughly $122K per acre for the typical parcel size. The average price is $156K, indicating some higher-priced properties pulling up the average.
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.
