Top Mega Teams in South Dakota – Ranked by Sides

Download the Rankings

  • Choose Location
    • No qualifiers found. Please navigate to a different category.

    Download the Rankings

    2022 Market Summary

    South Dakota started 2022 with a total of 755 single-family homes on the market, with a median home price of $349,900 and an average price per square foot of $210. By the end of the year, inventory had increased to 1,557 homes on the market (+106%), with a median home price of $405,000 (+15%) and an average price per square foot of $218 (+3%).

    At the start of 2022, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 91 days.

    South Dakota started the year with 14% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 21% of South Dakota homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that South Dakota started 2022 as a strong seller’s market, with an MAI score of 49; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Latest Posts

    Orlando, Florida, USA Downtown Drone Skyline Aerial

    Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin HW+

    Sep 28, 2023By

    A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found. 

    Housing Market News

    AdobeStock_138388762 (1)

    Non-white homebuyers feel discrimination despite laws against it: Redfin HW+

    Sep 28, 2023By

    More than one-third (36%) of Hispanics and 32% of Blacks reported facing discrimination when searching for a home.

    Frequently Asked Questions

    Run a Report
    presented-by-Altos

    South Dakota News

    sioux city sd

    The Real Brokerage enters South Dakota with top-performing team HW+

    May 25, 2023By

    It’s clear that The Real Brokerage is in growth mode. The firm announced its entrance into South Dakota on Thursday, less than two weeks after announcing the addition of two mega teams. With this launch, Real now has operations in 47 states and four Canadian provinces. The South Dakota operation will be led by Josh […]