$9,488 Closing Credit¹
#82882, Listing Office: Keller Williams Realty Black Hills RC
Nemo Housing Market Report January 2025•Lawrence County, South Dakota
Housing Prices in Nemo, SD
How much do homes in Nemo, SD cost?
Median List Price
$799,000$307/SqFt
-$381,000
-32.3%
Based on all homes listed in January 2025
Insight
The list price of homes in Nemo has decreased by 32.3% since December.
Summary: The median home list price in Nemo was $799,000 in January 2025, down 32.3% from the previous month, and the median price per square foot was $307.
Median List Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | - | $545K | N/A |
| 44 Bedrooms | $1.1M | $972K | -17.1% |
| 55+ Bedrooms | $1.1M | - | N/A |
Summary: Nemo housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -17.1%. The home price for 5 bedroom homes did not change.
Housing supply in Nemo, SD
How many homes are available in Nemo, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 32 months agoDec 2024 | +66.7 % Change MoMDec – Jan |
Summary: The Nemo real estate market had 5 homes for sale in Jan 2025, a 66.7 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 0 | 1 | +100.0% |
| 44 Bedrooms | 2 | 4 | +100.0% |
| 55+ Bedrooms | 1 | 0 | -100.0% |
Summary: Nemo housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -100.0%.
Days on Market for Nemo, SD
How long does it take to sell a home in Nemo, SD?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 100 DaysLast MonthJan 2025 | ||
| 166 Days1 month agoDec 2024 | -39.8 % Change MoMDec – Jan |
Summary: Homes in Nemo had an average listing age of 100 days in Jan 2025, down by 39.8% compared to the previous month.
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Newest Listings in Nemo, SD
What homes are available in Nemo, SD?
Video tour
$5,937 Closing Credit¹
#82827, Listing Office: Engel & Voelkers Black Hills Rapid City
$6,472 Closing Credit¹
#82791, Listing Office: Keller Williams Realty Black Hills RC
$10,000 Closing Credit¹
#170389, DATONA ROUNSLEY, Listing Office: SUN REAL ESTATE
$10,000 Closing Credit¹
#79856, 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, and Black Hills Association of REALTORS® MLS for the period 12/01/2024 - 02/01/2025
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: 2/10/2025, 5:20:53 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: 2/10/2025, 5:20:53 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: 2/10/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.