Is Lake Norden, SD 57248 a buyer’s or seller’s market?
Lake Norden is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply12.8Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list108.1%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$702▲ +57.8% vs. last year
Run the numbers for 57248
Nearby markets
Bryant 57221Buyer’s market $77 /sq ftCastlewood 57223Buyer’s market $315 /sq ftHayti 57241Balanced $186 /sq ftHazel 57242 $135 /sq ft Browse all markets →More tools for 57248
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology