Lori Hansen, Listing Office: Signature Realty Group LLC
Lake County Housing Market Report December 2024•Lake County, South Dakota
Housing Prices in Lake County, SD
How much do homes in Lake County, SD cost?
Median List Price
Based on all homes listed in December 2024
The list price of homes in Lake County has remained the same since November.
Summary: The median home list price in Lake County was $351,900 in December 2024, the same as the previous month, and the median price per square foot was $194.
Median List Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Moody County | $396K | $396K | 0.0% |
Lake County | $351.9K | $351.9K | 0.0% |
Minnehaha County | $365.1K | $349.9K | -4.2% |
Miner County | $510K | $49.9K | -90.2% |
Median List Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
22 Bedrooms | $299.9K | $297.4K | -0.8% |
44 Bedrooms | $369.9K | $374.9K | +1.4% |
55+ Bedrooms | $499.9K | $499.9K | 0.0% |
33 Bedrooms | $284.9K | $284.9K | 0.0% |
11 Bedroom | - | - | N/A |
Summary: Lake County housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes decreased by -0.8%. The home price for 4 bedroom homes increased by +1.4%. The home price for 5 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 1 bedroom homes did not change.
Housing supply in Lake County, SD
How many homes are available in Lake County, SD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
40Last MonthDec 2024 | ||
382 months agoNov 2024 | +5.3 % Change MoMNov – Dec |
Summary: The Lake County real estate market had 40 homes for sale in Dec 2024, a 5.3 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
22 Bedrooms | 5 | 6 | +20.0% |
44 Bedrooms | 11 | 12 | +9.1% |
55+ Bedrooms | 10 | 10 | 0.0% |
33 Bedrooms | 12 | 12 | 0.0% |
11 Bedroom | 0 | 0 | 0.0% |
Summary: Lake County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes increased by +9.1%. The inventory for 5 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same.
Days on Market for Lake County, SD
How long does it take to sell a home in Lake County, SD?
Average Listing Age
Last Month | 1 month ago | Change MoM |
---|---|---|
100 DaysLast MonthDec 2024 | ||
73 Days1 month agoNov 2024 | +35.6 % Change MoMNov – Dec |
Summary: Homes in Lake County had an average listing age of 100 days in Dec 2024, up by 35.6% compared to the previous month.
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Newest Listings in Lake County, SD
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Nearby markets
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Sioux Empire MLS, for the period 11/01/2024 - 01/01/2025
©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: 1/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.