West Pennington Housing Market Report December 2024Pennington County, South Dakota

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Housing Prices in West Pennington, SD

How much do homes in West Pennington, 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.
$649,000$291/SqFt
-$500
-0.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in West Pennington has remained the same since last year.

Summary: The median home list price in West Pennington was $649,000 in December 2024, down 0.1% from the previous year, and the median price per square foot was $291.

Median List Price By City

Median List Price By City
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 YoY
South Lawrence
+26.6%
Mount Rushmore
+2.4%
West Pennington
-0.1%

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.
BedsDec 2023Dec 2024Change YoY
1-$480K
N/A
2$389K$289.5K
-25.6%
3$649K$652K
0.5%
4$884.4K$725K
-18.0%
5--
N/A

Summary: West Pennington housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -25.6%. The home price for 3 bedroom homes increased by 0.5%. The home price for 4 bedroom homes decreased by -18.0%. The home price for 5 bedroom homes did not change.

Housing supply in West Pennington, SD

How many homes are available in West Pennington, 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
11Last MonthDec 2024
92 months agoNov 2024
+22.2 %
Change MoMNov – Dec

Summary: The West Pennington real estate market had 11 homes for sale in Dec 2024, a 22.2 % increase compared to Nov 2024.

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
376
-14.3%
425
+150.0%
500
0.0%

Summary: West Pennington housing inventory by bedroom type for December 2024, 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 decreased by -14.3%. The inventory for 4 bedroom homes increased by +150.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for West Pennington, SD

How long does it take to sell a home in West Pennington, SD?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
88 DaysThis YearDec 2024
135 Days1 year agoDec 2023
-34.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in West Pennington had an average listing age of 88 days in Dec 2024, down by 34.5% compared to the previous year.

Newest Listings in West Pennington, SD

What homes are available in West Pennington, SD?

MLS Disclaimers and Copyright

Based on information from Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 01/01/2023 - 01/01/2025

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: 1/17/2025, 11:20:58 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: 1/17/2025, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.