10 hours on Rocket
#22505983, Lynda Billars, Listing office: Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
57108 Housing Market Report July 2025•Lincoln County, South Dakota
Housing Prices in 57108, SD
How much do homes in 57108, SD cost?
Median List Price
$400,000$202/SqFt
-$30,900
-7.2%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 57108 has decreased by 7.2% since last year.
Summary: The median home list price in 57108 was $400,000 in July 2025, down 7.2% from the previous year, and the median price per square foot was $202.
Median List Price By Bedrooms
| Beds | Jul 2024 | Jul 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $223K | N/A |
| 22 Bedrooms | $430.9K | $299.9K | -30.4% |
| 33 Bedrooms | - | $315.6K | N/A |
| 44 Bedrooms | - | $470K | N/A |
| 55+ Bedrooms | - | $702.4K | N/A |
Summary: 57108 housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -30.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 57108, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
57108, SD
Housing supply in 57108, SD
How many homes are available in 57108, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 207Last MonthJul 2025 | ||
| 1522 months agoJun 2025 | +36.2 % Change MoMJun – Jul |
Summary: The 57108 real estate market had 207 homes for sale in Jul 2025, a 36.2 % increase compared to Jun 2025.
Homes For Sale By Bedroom Count
| Beds | Jun 2025 | Jul 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 4 | +33.3% |
| 22 Bedrooms | 32 | 43 | +34.4% |
| 33 Bedrooms | 54 | 72 | +33.3% |
| 44 Bedrooms | 25 | 39 | +56.0% |
| 55+ Bedrooms | 38 | 49 | +28.9% |
Summary: 57108 housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes increased by +34.4%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +56.0%. The inventory for 5 bedroom homes increased by +28.9%.
Asking Price vs. Sold Price
How much do homes in 57108, SD cost?
Over Asking Price1 Home
At Asking Price7 Homes
Under Asking Price12 Homes
Insight
If you're buying a home in 57108, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 57108 in July 2025, up by 100.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and and 5% were sold over asking.
Days on Market for 57108, SD
How long does it take to sell a home in 57108, SD?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days11 Homes
Over 90 Days8 Homes
Insight
Avg time on Rocket Homes in 57108 has remained consistent over time.
Summary: During July 2025, 20 homes were sold in 57108; 5% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 67 DaysThis YearJul 2025 | ||
| 399 Days1 year agoJul 2024 | -83.1 % Change YoYJul 2024 – Jul 2025 |
Summary: Homes in 57108 had an average listing age of 67 days in Jul 2025, down by 83.1% compared to the previous year.
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Newest Listings in 57108, SD
What homes are available in 57108, SD?
11 hours on Rocket
#22505980, Karen Bankowski, Listing office: 605 Real Estate LLC
11 hours on Rocket
#22505977, Tom Garry, Listing office: Hegg, REALTORS
12 hours on Rocket
#22505974, Rita Kocer, Listing office: Keller Williams Realty Sioux Falls
1 day on RocketTour
#22505972, David Mettler, Listing office: Keller Williams Realty Sioux Falls
2 days on Rocket
#22505966, Diane Dahl, Listing office: Keller Williams Realty Sioux Falls
3 days on Rocket
#22505965, Nikki Petit, Listing office: N P Realty LLC
3 days on Rocket
#22505950, Matthew Fisher, Listing office: Keller Williams Realty Sioux Falls
3 days on RocketTour
#22505944, Tony Ratchford, Listing office: Keller Williams Realty Sioux Falls
3 days on RocketTour
#22505932, Chris Greve, Listing office: Hegg, REALTORS
3 days on Rocket
#22505926, Marlys Fisher, Listing office: AMERI/STAR Real Estate, Inc.
4 days on Rocket
#22505914, Adam Mutschelknaus, Listing office: The Move Group - Sioux Falls
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Sioux Empire MLS, for the period 08/01/2023 - 08/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/4/2025, 9:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.