#84934, Listing office: Great Peaks Realty
Lawrence County Housing Market Report May 2025•Lawrence County, South Dakota
Housing Prices in Lawrence County, SD
How much do homes in Lawrence County, SD cost?
Housing Market Conditions
Is Lawrence County, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lawrence County is a Buyer's Market
Difference Since May 2024
At the same time last year, Lawrence County was a Seller's Market.
Lawrence County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Lawrence County have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Lawrence County was $463,750 in May 2025, up 3.2% from last year, and the median price per square foot was $215.
Median Sold Price By Counties
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Meade County | $401.7K | $417.9K | +4.0% |
Lawrence County | $449.5K | $463.7K | +3.2% |
Pennington County | $357.5K | $364.3K | +1.9% |
Butte County | $324K | $278K | -14.2% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $175K | $224.7K | +28.4% |
22 Bedrooms | $251.5K | $267K | +6.2% |
33 Bedrooms | $425K | $458.7K | +7.9% |
44 Bedrooms | $501K | $527K | +5.2% |
55+ Bedrooms | $750K | $775K | +3.3% |
Summary: Lawrence County housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +28.4%. The home price for 2 bedroom homes increased by +6.2%. The home price for 3 bedroom homes increased by +7.9%. The home price for 4 bedroom homes increased by +5.2%. The home price for 5 bedroom homes increased by +3.3%.
How does Lawrence County, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lawrence County, SD
Housing supply in Lawrence County, SD
How many homes are available in Lawrence County, SD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
231Last MonthMay 2025 | ||
1892 months agoApr 2025 | +22.2 % Change MoMApr – May |
Summary: The Lawrence County real estate market had 231 homes for sale in May 2025, a 22.2 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
29Last MonthMay 2025 | ||
262 months agoApr 2025 | +11.5 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 5 | +25.0% |
22 Bedrooms | 19 | 22 | +15.8% |
33 Bedrooms | 49 | 59 | +20.4% |
44 Bedrooms | 60 | 74 | +23.3% |
55+ Bedrooms | 57 | 71 | +24.6% |
Summary: Lawrence County housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +15.8%. The inventory for 3 bedroom homes increased by +20.4%. The inventory for 4 bedroom homes increased by +23.3%. The inventory for 5 bedroom homes increased by +24.6%.
Asking Price vs. Sold Price
How much do homes in Lawrence County, SD cost?
Over Asking Price2 Homes
At Asking Price7 Homes
Under Asking Price20 Homes
If you're buying a home in Lawrence County, you may be able to get a good deal. 69% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Lawrence County in May 2025, up by 11.5% month-over-month. Of the 29 sold homes, 69% were sold under asking, 24% were sold at asking, and and 7% were sold over asking.
Days on Market for Lawrence County, 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 Lawrence County, SD
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Nearby markets
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MLS Disclaimers and Copyright
Based on information from Mount Rushmore MLS, Black Hills Association of REALTORS® MLS, Sioux Empire MLS, and North Texas Real Estate Information Systems Inc. for the period 06/01/2023 - 06/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 8:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 6/19/2025, 8:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.


©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: 6/19/2025, 8:45:28 AM 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.
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Last updated on: 6/19/2025, 8:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.