The 8 most competitive housing markets in South Dakota
The 8 most competitive housing markets in South Dakota
Across much of the U.S., people are to buy and sell homes. Homebuyers are scared off by high prices and economic uncertainty, while home sellers are staying put until they can earn more profit from the sale. is adding even more on younger buyers. As such, houses are selling at a slow rate, especially in the Sun Belt鈥攅ven as fall.
That's not the case everywhere, though. In today's market, understanding your local level of competition can help you make smarter decisions. It affects everything from how quickly homes sell to how much negotiating power buyers and sellers have.
Conditions vary widely across South Dakota鈥攂ut this list can help. ranked the most competitive cities in South Dakota based on their combined months of supply (lower is better), average sale to list ratio (higher is better), and median days on market (lower is better). All data is an average for the January-October 2025 period. To see the most competitive cities in the country, read this .
#1. Canton, South Dakota
- Days on market: 40.12 days
- Sale to list ratio: 98.3%
- Months of supply: 2.54 months
- Share of homes sold above list price: 19.0%
- Share of homes that went off market in two weeks: 46.4%
- See homes for sale in Canton on
#1. Harrisburg, South Dakota
- Days on market: 56.07 days
- Sale to list ratio: 99.2%
- Months of supply: 2.54 months
- Share of homes sold above list price: 19.9%
- Share of homes that went off market in two weeks: 31.7%
- See homes for sale in Harrisburg on
#3. Dell Rapids, South Dakota
- Days on market: 46.14 days
- Sale to list ratio: 97.0%
- Months of supply: 1.75 months
- Share of homes sold above list price: 24.5%
- Share of homes that went off market in two weeks: nan
- See homes for sale in Dell Rapids on
#4. Hartford, South Dakota
- Days on market: 47.87 days
- Sale to list ratio: 97.7%
- Months of supply: 2.06 months
- Share of homes sold above list price: 13.3%
- Share of homes that went off market in two weeks: 48.3%
- See homes for sale in Hartford on
#4. Sioux Falls, South Dakota
- Days on market: 46.23 days
- Sale to list ratio: 98.7%
- Months of supply: 2.99 months
- Share of homes sold above list price: 22.6%
- Share of homes that went off market in two weeks: 37.4%
- See homes for sale in Sioux Falls on
#6. Brandon, South Dakota
- Days on market: 62.97 days
- Sale to list ratio: 98.9%
- Months of supply: 3.15 months
- Share of homes sold above list price: 23.7%
- Share of homes that went off market in two weeks: 32.0%
- See homes for sale in Brandon on
#7. Lennox, South Dakota
- Days on market: 65.09 days
- Sale to list ratio: 98.7%
- Months of supply: 3.74 months
- Share of homes sold above list price: 30.4%
- Share of homes that went off market in two weeks: 14.3%
- See homes for sale in Lennox on
#8. Tea, South Dakota
- Days on market: 66.19 days
- Sale to list ratio: 98.7%
- Months of supply: 4.67 months
- Share of homes sold above list price: 15.6%
- Share of homes that went off market in two weeks: 33.3%
- See homes for sale in Tea on