#22502780, Tarah Burggraff, Listing Office: Landmark Realty & Auction
Lead Housing Market Report March 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 March 2024
At the same time last year, Lead was a Seller'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 3.2% less than they did a year ago.
Summary: The median home sold price in Lead was $328,500 in March 2025, down 3.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $410K | $170K | -58.5% |
22 Bedrooms | $190K | $176.3K | -7.2% |
33 Bedrooms | $248K | $345K | +39.1% |
44 Bedrooms | $670K | $607.5K | -9.3% |
55+ Bedrooms | $885K | $850K | -4.0% |
Summary: Lead housing price by bedroom type for March 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 -7.2%. The home price for 3 bedroom homes increased by +39.1%. The home price for 4 bedroom homes decreased by -9.3%. The home price for 5 bedroom homes decreased by -4.0%.
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 |
---|---|---|
76Last MonthMar 2025 | ||
702 months agoFeb 2025 | +8.6 % Change MoMFeb – Mar |
Summary: The Lead real estate market had 76 homes for sale in Mar 2025, a 8.6 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
9Last MonthMar 2025 | ||
52 months agoFeb 2025 | +80.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 9 | 9 | 0.0% |
33 Bedrooms | 24 | 25 | +4.2% |
44 Bedrooms | 13 | 14 | +7.7% |
55+ Bedrooms | 23 | 26 | +13.0% |
Summary: Lead housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +4.2%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes increased by +13.0%.
Asking Price vs. Sold Price
How much do homes in Lead, SD cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price7 Homes
If you're buying a home in Lead, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lead in March 2025, up by 80.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and and 11% 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 04/01/2023 - 04/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 5:20:51 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: 4/18/2025, 5:20:50 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: 4/18/2025, 5:20:49 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: 4/18/2025, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.