#85297, Listing office: Berkshire Hathaway HomeServices Midwest Realty
New Underwood Housing Market Report July 2025•Meade County, South Dakota
Housing Prices in New Underwood, SD
How much do homes in New Underwood, SD cost?
Housing Market Conditions
Is New Underwood, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Underwood is a Buyer's Market
Difference Since July 2024
At the same time last year, New Underwood was a Seller's Market.
Insight
New Underwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$320,000$154/SqFt
+$75,000
+30.6%
Based on all homes sold in the last 12 months
Insight
Homes in New Underwood have sold for 30.6% more than they did a year ago.
Summary: The median home sold price in New Underwood was $320,000 in July 2025, up 30.6% from last year, and the median price per square foot was $154.
Median Sold Price By Cities
| City | Jul 2024 | Jul 2025 | Change YoY |
|---|---|---|---|
| New Underwood | $245K | $320K | +30.6% |
| New Underwood | $245K | $320K | +30.6% |
Median Sold Price By Bedrooms
| Beds | Jul 2024 | Jul 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $215K | - | N/A |
| 22 Bedrooms | $239K | $209.9K | -12.2% |
| 33 Bedrooms | $288.5K | $345K | +19.6% |
| 44 Bedrooms | $277K | $320K | +15.5% |
| 55+ Bedrooms | - | $267K | N/A |
Summary: New Underwood housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -12.2%. The home price for 3 bedroom homes increased by +19.6%. The home price for 4 bedroom homes increased by +15.5%. The home price for 5 bedroom homes did not change.
How does New Underwood, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Underwood, SD
Housing supply in New Underwood, SD
How many homes are available in New Underwood, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthJul 2025 | ||
| 102 months agoJun 2025 | +20.0 % Change MoMJun – Jul |
Summary: The New Underwood real estate market had 12 homes for sale in Jul 2025, a 20.0 % increase compared to Jun 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJul 2025 | ||
| 32 months agoJun 2025 | -66.7 % Change MoMJun – Jul |
Homes For Sale By Bedroom Count
| Beds | Jun 2025 | Jul 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 2 | 3 | +50.0% |
| 33 Bedrooms | 6 | 6 | 0.0% |
| 44 Bedrooms | 1 | 2 | +100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: New Underwood housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in New Underwood, SD cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in New Underwood, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in New Underwood in July 2025, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for New Underwood, 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 New Underwood, SD
What homes are available in New Underwood, SD?
Backup offers
#174775, DAWN FETTIG-PERHUS, Listing office: RE/MAX ADVANTAGE
#174731, JENNIFER BRUE, Listing office: KELLER WILLIAMS REALTY BLACK HILLS
#85179, Listing office: Keller Williams Realty Black Hills RC
#174599, ED DREYER, Listing office: RE/MAX ADVANTAGE
#174597, TROY WARD, Listing office: RE/MAX ADVANTAGE
#174501, JOEY ONEAL, Listing office: RE/MAX ADVANTAGE
#174290, JOHN ROBERTS, Listing office: THE REAL ESTATE GROUP, INC.
#84822, Listing office: Legacy Lifestyle Realtors, LLC
Backup offers
#173434, JULIE HEWITT, Listing office: HLC LEGACY PROPERTIES, LLC
#173796, BOBBI BENTZ, Listing office: ENGEL & VOELKERS BLACK HILLS, LLC
#84138, Listing office: Ascend Realty
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 08/01/2023 - 08/01/2025
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: 8/2/2025, 2:45:29 AM 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: 8/2/2025, 2:45:29 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.
Last updated on: 8/2/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.