Is New Underwood, SD 57761 a buyer’s or seller’s market?
New Underwood is a seller’s market. With about 1.9 months of supply and 20% 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 supply1.9Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$211▲ +17.3% vs. last year
Run the numbers for 57761
Nearby markets
Black Hawk 57718Seller’s market $195 /sq ftBox Elder 57719Balanced $203 /sq ftFort Meade 57741 — /sq ftPiedmont 57769Balanced $243 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology