57761 Housing Market Report January 2025Pennington County, South Dakota

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Housing Prices in 57761, SD

How much do homes in 57761, SD cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$269,000$165/SqFt
+$29,100
+12.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 57761 has increased by 12.1% since last year.

Summary: The median home list price in 57761 was $269,000 in January 2025, up 12.1% from the previous year, and the median price per square foot was $165.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
57761
+12.1%
57719
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$215K-
N/A
2$209K$174.4K
-16.5%
3$379.9K$249.9K
-34.2%
4$445K$281.9K
-36.6%
5-$269K
N/A

Summary: 57761 housing price by bedroom type for January 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 -16.5%. The home price for 3 bedroom homes decreased by -34.2%. The home price for 4 bedroom homes decreased by -36.6%. The home price for 5 bedroom homes did not change.

Housing supply in 57761, SD

How many homes are available in 57761, SD?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
12 months agoDec 2024
+200.0 %
Change MoMDec – Jan

Summary: The 57761 real estate market had 3 homes for sale in Jan 2025, a 200.0 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
201
+100.0%
312
+100.0%
400
0.0%
500
0.0%

Summary: 57761 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 57761, SD

How long does it take to sell a home in 57761, SD?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
41 DaysThis YearJan 2025
51 Days1 year agoJan 2024
-19.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 57761 had an average listing age of 41 days in Jan 2025, down by 19.0% compared to the previous year.

Newest Listings in 57761, SD

What homes are available in 57761, SD?

MLS Disclaimers and Copyright

Based on information from Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 02/01/2023 - 02/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX 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. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.

Copyright © 2025 by Black Hills Association of REALTORS®. 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: 2/6/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. 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. Copyright 2025 Mount Rushmore Area Association of REALTORS®., 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: 2/6/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.