Comprehensive market data and analysis• Updated Dec 2025
19.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 8 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 2 | 2 | 2 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 8 | 13 |
Acreage buckets
The median price for land in Union County, South Dakota is currently $140K per acre. For a typical parcel, the median sale price is $150K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $320K.
Union County, South Dakota is currently a strong buyer's market with 19.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Union County, South Dakota currently has 19.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Union County, South Dakota is 5.0% (3-month basis), indicating slow demand. The top-performing broker in this market is The Move Group.
Land in Union County, South Dakota averages $280K per acre. The median price per acre is $140K, which may be more representative of typical transactions. Most parcels sold are around 23,087 sq ft.
The median land price in Union County, South Dakota stands at $150K. This translates to roughly $140K per acre for the typical parcel size. The average price is $157K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Union County, South Dakota is 5.0%. The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
