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Is Marion, SD 57043 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Marion is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list82.8%Sold price ÷ list price
Median days on market118Listing to accepted offer
Median price per sq ft$81▼ −9.7% vs. last year

Run the numbers for 57043

Prefilled for 57043Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57043Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Centerville 57014Seller’s market $139 /sq ftChancellor 57015 — /sq ftDavis 57021 — /sq ftHurley 57036Seller’s market $140 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology