New - 6 hours on Rocket
#82865, Listing Office: Keller Williams Realty Black Hills SP
Lawrence County Housing Market Report December 2024•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 December 2023
At the same time last year, Lawrence County was a Seller's Market.
Insight
Lawrence County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$459,000$216/SqFt
+$26,500
+6.1%
Based on all homes sold in the last 12 months
Insight
Homes in Lawrence County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Lawrence County was $459,000 in December 2024, up 6.1% from last year, and the median price per square foot was $216.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Lawrence County | $432.5K | $459K | +6.1% |
| Pennington County | $355K | $365.3K | +2.9% |
| Meade County | $394.5K | $405K | +2.7% |
| Butte County | $300K | $279K | -7.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $275.8K | $224.7K | -18.5% |
| 22 Bedrooms | $263.7K | $254.5K | -3.5% |
| 33 Bedrooms | $410K | $475K | +15.9% |
| 44 Bedrooms | $505.5K | $529K | +4.6% |
| 55+ Bedrooms | $775K | $750K | -3.2% |
Summary: Lawrence County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -18.5%. The home price for 2 bedroom homes decreased by -3.5%. The home price for 3 bedroom homes increased by +15.9%. The home price for 4 bedroom homes increased by +4.6%. The home price for 5 bedroom homes decreased by -3.2%.
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 |
|---|---|---|
| 158Last MonthDec 2024 | ||
| 1712 months agoNov 2024 | -7.6 % Change MoMNov – Dec |
Summary: The Lawrence County real estate market had 158 homes for sale in Dec 2024, a 7.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthDec 2024 | ||
| 272 months agoNov 2024 | -29.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 22 | 17 | -22.7% |
| 33 Bedrooms | 51 | 49 | -3.9% |
| 44 Bedrooms | 47 | 45 | -4.3% |
| 55+ Bedrooms | 49 | 46 | -6.1% |
Summary: Lawrence County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -22.7%. The inventory for 3 bedroom homes decreased by -3.9%. The inventory for 4 bedroom homes decreased by -4.3%. The inventory for 5 bedroom homes decreased by -6.1%.
Asking Price vs. Sold Price
How much do homes in Lawrence County, SD cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in Lawrence County, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Lawrence County in December 2024, down by 29.6% month-over-month. Of the 19 sold homes, 79% were sold under asking, 16% were sold at asking, and and 5% 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
What homes are available in Lawrence County, SD?
New - 2 days on Rocket
$5,699 Closing Credit¹
#82854, Listing Office: RE/MAX In The Hills
New - 3 days on Rocket
$10,000 Closing Credit¹
#82852, Listing Office: eXp Realty
New - 4 days on Rocket
$8,301 Closing Credit¹
#82842, Listing Office: eXp Realty
New - 4 days on Rocket
$10,000 Closing Credit¹
#82839, Listing Office: Great Peaks Realty
New - 7 days on Rocket
$6,531 Closing Credit¹
DANEEN JACQUOT KULMALA, Listing Office: SOUTH DAKOTA PROPERTIES
New - 7 days on Rocket
DANEEN JACQUOT KULMALA, Listing Office: SOUTH DAKOTA PROPERTIES
Backup offers
$4,032 Closing Credit¹
AMANDA KIRSCHENMAN, Listing Office: COLDWELL BANKER BLACK HILLS LEGACY
Backup offers
$10,000 Closing Credit¹
HEATH GRAN, Listing Office: GREAT PEAKS REALTY MUNRO & GRAN
Video tour
$5,937 Closing Credit¹
#82827, Listing Office: Engel & Voelkers Black Hills Rapid City
#82821, Listing Office: The Real Estate Center of Spearfish
$10,000 Closing Credit¹
#82816, Listing Office: Great Peaks Realty
Nearby markets
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Mount Rushmore MLS, Black Hills Association of REALTORS® MLS, and Sioux Empire MLS for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 11:20:59 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: 1/17/2025, 11:20:59 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: 1/17/2025, 11:20:58 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 Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. 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. 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. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©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.