Is Sturgis, SD 57785 a buyer’s or seller’s market?

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

Sturgis is a seller’s market. With about 3 months of supply and 18% 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.

Competition score36/ 100

More competitive than 34% of U.S. ZIP codes, and #23 of 33 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list17.9%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$221▲ +1.4% vs. last year

Nearby markets

Black Hawk 57718Seller’s market $195 /sq ftBox Elder 57719Balanced $203 /sq ftFort Meade 57741 — /sq ftNew Underwood 57761Seller’s market $211 /sq ft Browse all markets →

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