Minnehaha County Housing Market Report May 2025Minnehaha County, South Dakota

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Housing Prices in Minnehaha County, SD

How much do homes in Minnehaha County, SD cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$391,114$204/SqFt
-$16,549
-4.1%

Based on all homes listed in May 2025

Insight

The list price of homes in Minnehaha County has decreased by 4.1% since April.

Summary: The median home list price in Minnehaha County was $391,114 in May 2025, down 4.1% from the previous month, and the median price per square foot was $204.

Median List Price By Counties

Median List Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Minnehaha County
-4.1%
Turner County
-5.3%
Lake County
-7.7%
Moody County
-14.8%
McCook County
-19.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1$182.4K$140K
-23.3%
2$326.9K$306.8K
-6.2%
3$364.9K$329K
-9.8%
4$421K$399.4K
-5.1%
5$675K$657.4K
-2.6%

Summary: Minnehaha County housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -23.3%. The home price for 2 bedroom homes decreased by -6.2%. The home price for 3 bedroom homes decreased by -9.8%. The home price for 4 bedroom homes decreased by -5.1%. The home price for 5 bedroom homes decreased by -2.6%.

How does Minnehaha County, SD compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Minnehaha County, SD

Housing supply in Minnehaha County, SD

How many homes are available in Minnehaha County, SD?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
689Last MonthMay 2025
3622 months agoApr 2025
+90.3 %
Change MoMApr – May

Summary: The Minnehaha County real estate market had 689 homes for sale in May 2025, a 90.3 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
147
+75.0%
272123
+70.8%
3106201
+89.6%
4105216
+105.7%
575142
+89.3%

Summary: Minnehaha County housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +75.0%. The inventory for 2 bedroom homes increased by +70.8%. The inventory for 3 bedroom homes increased by +89.6%. The inventory for 4 bedroom homes increased by +105.7%. The inventory for 5 bedroom homes increased by +89.3%.

Days on Market for Minnehaha County, SD

How long does it take to sell a home in Minnehaha County, SD?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
63 DaysLast MonthMay 2025
77 Days1 month agoApr 2025
-17.2 %
Change MoMApr – May

Summary: Homes in Minnehaha County had an average listing age of 63 days in May 2025, down by 17.2% compared to the previous month.

Newest Listings in Minnehaha County, SD

What homes are available in Minnehaha County, SD?

MLS Disclaimers and Copyright

Based on information from Sioux Empire MLS, Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 04/01/2025 - 06/01/2025

IDXThe 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.
Broker Reciprocity
©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: 6/24/2025, 3:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe 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: 6/24/2025, 3:45:29 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 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: 6/24/2025, 3:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.