#173660, JULIE HEWITT, Listing Office: HLC LEGACY PROPERTIES, LLC
Lead Housing Market Report April 2025•Lawrence County, South Dakota
Housing Prices in Lead, SD
How much do homes in Lead, SD cost?
Housing Market Conditions
Is Lead, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lead is a Buyer's Market
Difference Since April 2024
Since last year, Lead has remained a Buyer's Market.
Lead 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 Lead have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Lead was $326,750 in April 2025, down 3.7% from last year, and the median price per square foot was $216.
Median Sold Price By Bedrooms
Beds | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $410K | $170K | -58.5% |
22 Bedrooms | $190K | $177.5K | -6.6% |
33 Bedrooms | $260K | $337.5K | +29.8% |
44 Bedrooms | $670K | $605K | -9.7% |
55+ Bedrooms | $817.5K | $1.1M | +40.7% |
Summary: Lead housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -58.5%. The home price for 2 bedroom homes decreased by -6.6%. The home price for 3 bedroom homes increased by +29.8%. The home price for 4 bedroom homes decreased by -9.7%. The home price for 5 bedroom homes increased by +40.7%.
How does Lead, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lead, SD
Housing supply in Lead, SD
How many homes are available in Lead, SD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
82Last MonthApr 2025 | ||
732 months agoMar 2025 | +12.3 % Change MoMMar – Apr |
Summary: The Lead real estate market had 82 homes for sale in Apr 2025, a 12.3 % increase compared to Mar 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthApr 2025 | ||
92 months agoMar 2025 | -11.1 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
Beds | Mar 2025 | Apr 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 9 | 7 | -22.2% |
33 Bedrooms | 22 | 25 | +13.6% |
44 Bedrooms | 13 | 16 | +23.1% |
55+ Bedrooms | 27 | 32 | +18.5% |
Summary: Lead housing inventory by bedroom type for April 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 +13.6%. The inventory for 4 bedroom homes increased by +23.1%. The inventory for 5 bedroom homes increased by +18.5%.
Asking Price vs. Sold Price
How much do homes in Lead, SD cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price5 Homes
If you're buying a home in Lead, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lead in April 2025, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and and 13% were sold over asking.
Days on Market for Lead, 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 Lead, SD
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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, Sioux Empire MLS, and North Texas Real Estate Information Systems Inc. for the period 05/01/2023 - 05/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 8:20:30 PM 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: 5/8/2025, 8:20:30 PM 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: 5/8/2025, 8:20:31 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.
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Last updated on: 5/8/2025, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.