New - 2 days on Rocket
$3,919 Closing Credit¹
#172380, JAMES NELSON, Listing Office: COLDWELL BANKER BLACK HILLS LEGACY
Box Elder Housing Market Report January 2025•Pennington County, South Dakota
Housing Prices in Box Elder, SD
How much do homes in Box Elder, SD cost?
Housing Market Conditions
Is Box Elder, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Box Elder is a Buyer's Market
Difference Since December 2024
Last month, Box Elder has remained a Buyer's Market.
Insight
Box Elder is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$328,750$224/SqFt
-$55,750
-14.5%
Based on all homes sold in January 2025
Insight
Homes in Box Elder have sold for 14.5% less than they did a month ago.
Summary: The median home sold price in Box Elder was $328,750 in January 2025, down 14.5% from last month, and the median price per square foot was $224.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Rapid City East | $465K | $1.0M | +120.4% |
| Box Elder | $384.5K | $328.7K | -14.5% |
| Box Elder | $460K | $315K | -31.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $274K | - | N/A |
| 33 Bedrooms | - | $328.7K | N/A |
| 44 Bedrooms | $462.5K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Box Elder 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 did not change. 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.
Housing supply in Box Elder, SD
How many homes are available in Box Elder, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 60Last MonthJan 2025 | ||
| 492 months agoDec 2024 | +22.4 % Change MoMDec – Jan |
Summary: The Box Elder real estate market had 60 homes for sale in Jan 2025, a 22.4 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 42 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 9 | 7 | -22.2% |
| 33 Bedrooms | 25 | 32 | +28.0% |
| 44 Bedrooms | 13 | 19 | +46.2% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Box Elder 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 decreased by -22.2%. The inventory for 3 bedroom homes increased by +28.0%. The inventory for 4 bedroom homes increased by +46.2%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Box Elder, SD cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Box Elder, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Box Elder in January 2025, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Box Elder, 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 Box Elder, SD
What homes are available in Box Elder, SD?
New - 7 days on Rocket
#172326, KEVIN ANDRESON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH
New - 7 days on Rocket
#172324, KEVIN ANDRESON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH
New - 7 days on Rocket
$4,144 Closing Credit¹
#83125, Listing Office: Coldwell Banker Black Hills Legacy Real Estate
#83112, Listing Office: Coldwell Banker Black Hills Legacy Real Estate
$5,580 Closing Credit¹
#172328, KEVIN ANDRESON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH
$4,630 Closing Credit¹
#172315, KEVIN ANDRESON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH
$4,036 Closing Credit¹
#83098, Listing Office: RE/MAX Results
$4,155 Closing Credit¹
#172246, JAMIE BOOMSMA, Listing Office: THE REAL ESTATE GROUP, INC.
$4,274 Closing Credit¹
#172208, KELLY HOWIE, Listing Office: RE/MAX ADVANTAGE
3D tour
$4,630 Closing Credit¹
#172189, FORREST THOMPSON, Listing Office: RE/MAX ADVANTAGE
$5,105 Closing Credit¹
#172187, FORREST THOMPSON, Listing Office: RE/MAX ADVANTAGE
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 12/01/2024 - 02/01/2025
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: 2/20/2025, 11:20:51 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: 2/20/2025, 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: 2/20/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.