Is Hot Springs, SD 57747 a buyer’s or seller’s market?
Hot Springs is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market85Listing to accepted offer
Median price per sq ft$174▼ −15.6% vs. last year
Run the numbers for 57747
Nearby markets
Edgemont 57735 — /sq ftOelrichs 57763Seller’s market $163 /sq ftOral 57766 — /sq ftSmithwick 57782 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology