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Spink County, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
4
Median Price
$16K
Market Condition
Very Hot Seller's Market

Spink County, South Dakota Market Meter

Buyer'sSeller's
Very Hot Seller's Market

1.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$16K
Avg Price/Acre
$20K
Avg Days on Market
81
Months of Supply
1.5
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-122
1-2 acres----
2-5 acres--11
5-10 acres----
10-20 acres-111
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0244
📊 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 acres2 sold / 1 listed
2-5 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$70K$140K
0- 1
2- 5
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$176K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
81
Time to sell
Price Trend (YoY)
-
Year over year

Spink County, South Dakota Land Market Analysis

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

The median price for land in Spink County, South Dakota is currently $20K per acre. For a typical parcel, the median sale price is $16K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $7K while premium lots reached $104K.

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

Spink County, South Dakota is currently a very hot seller's market with 1.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Spink County, South Dakota?

Spink County, South Dakota currently has 1.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

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

The median land price in Spink County, South Dakota stands at $16K. This translates to roughly $20K per acre for the typical parcel size. The average price is $44K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Spink County, South Dakota is 66.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Century 21 Investment Realtors.

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

The 3-month absorption rate in Spink County, South Dakota is 66.7%. The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

There are currently 1 active listings in Spink County, South Dakota. The median asking price is $14K.

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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