Is Hazel, SD 57242 a buyer’s or seller’s market?
Hazel is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Hazel housing market right now
In the three months ending August 31, 2026, 0% of homes in Hazel, SD 57242 sold above their list price and the typical home went under contract in 44 days. With only 2 sales, these figures can swing a lot from month to month.
Within Hamlin County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Lake Norden 57248 (100% sold over asking) and Hayti 57241 (25% sold over asking) are even more competitive.
Run the numbers for 57242
Nearby markets
Bryant 57221Buyer’s market $77 /sq ftCastlewood 57223Buyer’s market $315 /sq ftHayti 57241Balanced $186 /sq ftLake Norden 57248Buyer’s market $702 /sq ft Browse all markets →Where Hazel is
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Questions about Hazel real estate
How fast do homes sell in Hazel?
The typical home went under contract in 44 days in the latest three months.
Do homes in Hazel sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Hazel?
About 1.11% of a home’s value a year in Hamlin County, or roughly $4,440 on a $400,000 home.
What is the median home price in Hazel?
The median sale price was $282,328 in the three months ending August 31, 2026, about $135 per square foot.
Local agents
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More tools for 57242
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology