Is De Smet, SD 57231 a buyer’s or seller’s market?

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

De Smet is a buyer’s market. With about 28.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply28.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market125Listing to accepted offer
Median price per sq ft$125

Nearby markets

Arlington 57212 — /sq ftLake Preston 57249 — /sq ftOldham 57051 $131 /sq ft Browse all markets →

More tools for 57231

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