1 day on RocketTour
$10,000 Closing Credit¹
#84114, Listing Office: Keller Williams Realty Black Hills SP
57783 Housing Market Report March 2025•Lawrence County, South Dakota
Housing Prices in 57783, SD
How much do homes in 57783, SD cost?
Housing Market Conditions
Is 57783, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
57783 is a Buyer's Market
Difference Since March 2024
At the same time last year, 57783 was a Neutral Market.
Insight
57783 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$507,500$223/SqFt
+$22,500
+4.6%
Based on all homes sold in the last 12 months
Insight
Homes in 57783 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 57783 was $507,500 in March 2025, up 4.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $275.8K | $300K | +8.8% |
| 22 Bedrooms | $310K | $322.5K | +4.0% |
| 33 Bedrooms | $450K | $501.5K | +11.4% |
| 44 Bedrooms | $517.5K | $525K | +1.4% |
| 55+ Bedrooms | $754.9K | $750K | -0.7% |
Summary: 57783 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.8%. The home price for 2 bedroom homes increased by +4.0%. The home price for 3 bedroom homes increased by +11.4%. The home price for 4 bedroom homes increased by +1.4%. The home price for 5 bedroom homes decreased by -0.7%.
How does 57783, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
57783, SD
Housing supply in 57783, SD
How many homes are available in 57783, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 78Last MonthMar 2025 | ||
| 662 months agoFeb 2025 | +18.2 % Change MoMFeb – Mar |
Summary: The 57783 real estate market had 78 homes for sale in Mar 2025, a 18.2 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthMar 2025 | ||
| 102 months agoFeb 2025 | +10.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 20 | 20 | 0.0% |
| 44 Bedrooms | 23 | 30 | +30.4% |
| 55+ Bedrooms | 18 | 22 | +22.2% |
Summary: 57783 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +30.4%. The inventory for 5 bedroom homes increased by +22.2%.
Asking Price vs. Sold Price
How much do homes in 57783, SD cost?
Over Asking Price1 Home
At Asking Price4 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in 57783, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 57783 in March 2025, up by 10.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and and 9% were sold over asking.
Days on Market for 57783, SD
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in 57783, SD
What homes are available in 57783, SD?
3 days on Rocket
$6,525 Closing Credit¹
#84066, Listing Office: RE/MAX In The Hills
4 days on Rocket
#84039, Listing Office: Great Peaks Realty
4 days on Rocket
$10,000 Closing Credit¹
#173387, AUDRA NELSON BAILEY, Listing Office: VYLLA HOME - BLACK HILLS
5 days on Rocket
$9,963 Closing Credit¹
#84030, Listing Office: RE/MAX In The Hills
$6,757 Closing Credit¹
#83999, Listing Office: Century 21 Spearfish Realty
$4,738 Closing Credit¹
#83996, Listing Office: Great Peaks Realty
#83994, Listing Office: Landmark Realty & Development
Backup offers
$2,968 Closing Credit¹
#173399, LORI DEVRIES, Listing Office: THE REAL ESTATE CENTER OF SPEARFISH
$10,000 Closing Credit¹
#83959, Listing Office: The Real Estate Group Rapid City
#83946, Listing Office: Real Broker Spearfish
$2,791 Closing Credit¹
#83942, Listing Office: Century 21 Associated Realty
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Mount Rushmore MLS, and Black Hills Association of REALTORS® MLS for the period 04/01/2023 - 04/01/2025
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: 4/26/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 11:20:52 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 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: 4/26/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.