$66,900
4th St
Beresford, SD
Land1.36 acres
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Sarah Mitchell
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Compass Real Estate · Beresford, SD
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Beresford, SD(512) 555-0184TX License #0512847
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Beresford, SD Housing Market
Seller's market+4.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Beresford, SD is worth $328,031, rose 4.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $298,700, -10.6% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 65 days, Beresford is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $328,031 home is about $1,751/mo in principal and interest.
Key numbers for Beresford, SD
Typical home value
$328,031
+4.9% in 12 months
Zillow, August 2026
Median sale price
$298,700
-10.6% year over year
Redfin, through May 2026
Days on market
65
Slow-moving
Redfin, through May 2026
Active listings
6
1.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$71,017
Home costs 4.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.6%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Beresford a buyer's or seller's market?
Seller's market1.5 months of supply65 days on market99.6% of asking
Beresford, SD is a seller's market, based on 1.5 months of supply and homes selling in about 65 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Beresford housing market data show?
Every row below is Redfin's final published month for Beresford, SD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $298,700 |
| Median list price | $729,000 |
| Year-over-year price change | -10.6% |
| Median price per sq ft | $116/sq ft |
| Median days on market | 65 days |
| Active inventory | 6 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 99.6% |
| Homes sold (that month) | 4 |
| New listings (that month) | 1 |
| Listings with a price cut | 66.7% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Beresford is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Beresford is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Beresford home prices moved?
Over the last three years the median sale price in Beresford, SD held roughly flat 0.4%, from $297,500 to $298,700. The live Zillow value series has rose 4.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 66.7% of Beresford listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 99.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Beresford?
Priced off the typical home value of $328,031 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $65,606 | $262,425 | $1,751/mo |
| 5% | $16,402 | $311,629 | $2,080/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,751, that implies roughly $75,052 a year before you add taxes and insurance. The median household in Beresford earns $71,017, about $4,035 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Beresford in the next 12 months?
Tell us your timeline. We send the Beresford market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Beresford?
Zillow does not publish a rent index (ZORI) for Beresford, SD, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Beresford?
Active listings in Beresford, SD went from 12 in April 2025 to 6 in May 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 13 | 7 |
| June 2025 | 14 | 3 |
| July 2025 | 17 | 5 |
| August 2025 | 17 | 4 |
| September 2025 | 11 | 1 |
| October 2025 | 10 | 4 |
| November 2025 | 10 | 2 |
| December 2025 | 11 | 3 |
| February 2026 | 7 | 2 |
| March 2026 | 10 | 4 |
| April 2026 | 10 | 7 |
| May 2026 | 6 | 1 |
Redfin, through May 2026
How does Beresford compare to South Dakota and the U.S.?
Beresford homes sell for $298,700 — 14% below the South Dakota median of $346,600. Against the national median of $410,700, Beresford runs 27% lower. Year-over-year, Beresford moved -10.6% against South Dakota's +4.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Beresford, SD | $298,700 | -10.6% | 65 days |
| South Dakota statewide | $346,600 | +4.3% | 49 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Beresford
What buyers should watch
- Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 66.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $328 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $328,031 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Beresford listing goes under contract in 65 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Beresford added 1 new listings against 4 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +4.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Beresford varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Beresford
There are currently 6 homes listed for sale in Beresford, South Dakota. The median listing price is $729K. Featured listings range from $66,900 to $3,367,455.
$74,900
405 SE 13th St
Beresford, SD
3 bd1 ba1,188 sqft$63/ft²
House1.00 acres
View photos & details
$86,900
4th St
Beresford, SD
Land1.11 acres
View photos & details
$171,000
505 W Cedar St
Beresford, SD
2 bd1 ba808 sqft$212/ft²
House6,072 sqft lot
View photos & details
$199,900
309 S 1st St
Beresford, SD
3 bd2 ba1,271 sqft$157/ft²
House7,000 sqft lot
View photos & details
$229,900
411 W Cedar St
Beresford, SD
3 bd1 ba1,559 sqft$147/ft²
House13,504 sqft lot
View photos & details
$269,900
500 W Spruce St
Beresford, SD
4 bd2 ba2,180 sqft$124/ft²
House11,252 sqft lot
View photos & details
$272,500
511 W Main St
Beresford, SD
2 bd2 ba2,105 sqft$129/ft²
House5,576 sqft lot
View photos & details
$364,900
206 W Hemlock St
Beresford, SD
5 bd3 ba2,962 sqft$123/ft²
House6,800 sqft lot
View photos & details
$450,000
46967 SD 46 Hwy
Beresford, SD
3 bd2 ba1,568 sqft$287/ft²
Mobile home10.61 acres
View photos & details
$450,000
411 S 6th St
Beresford, SD
5 bd4 ba3,320 sqft$136/ft²
House10,981 sqft lot
View photos & details
$3,367,455
I-29 470th Ave
Beresford, SD
0 ba
Land320.71 acres
View photos & details
Looking to buy in Beresford?
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Active listings
6
Homes on market
Median list price
$729K
Avg. days on market
65
Days until sale
New this week
1
Newly listed
Price drops:66.7%of listings
Sale-to-list:99.6%
How much do homes cost in Beresford by property type?
How the Beresford, SD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $298,700 | $116/sq ft | 4 | 65 days |
| Townhouse | $425,000 | $225/sq ft | 1 | 141 days |
Who lives in Beresford?
American Community Survey estimates for Beresford. U.S. Census ACS, 2023
Population
2,437
Households
1,015
Median income
$71,017/yr
Median age
40.2 years
Owner-occupied
78.6%
Median home value
$219,800
Median gross rent
$868/mo
Mean commute
21.1 min
78.6% of occupied homes in Beresford are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $219,800 against Zillow's $328,031 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Beresford?
3 schools tracked · 672 students
The largest public schools serving Beresford, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Beresford Elementary - 02
Grades K-5 · 293 students
Beresford High School - 01
Grades 9-12 · 219 students
Beresford Middle School - 03
Grades 6-8 · 160 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Beresford, SD?
Ordered by distance from Beresford, not by size. Compare Beresford side by side with any of them.
Beresford housing market FAQ
Is Beresford a buyer's or seller's market?
Beresford, SD is currently a seller's market. That read comes from 1.5 months of supply, homes going under contract in about 65 days, and sellers getting 99.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Beresford?
The typical home in Beresford, SD is worth $328,031 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $298,700, about $116 per square foot.
Is Beresford cheaper than the rest of South Dakota?
Beresford's median sale price of $298,700 is 14% lower than the South Dakota statewide median of $346,600, and 27% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Beresford?
Homes in Beresford, SD spent a median of 65 days on market before going under contract, versus 49 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Beresford?
At the current 30-year fixed rate of 7.03%, 20% down on a $328,031 home is about $1,751 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $75,052 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $71,017.
Are home prices rising in Beresford?
The typical home value in Beresford, SD rose 4.9% over the last 12 months, from $312,745 to $328,031 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Beresford?
Beresford ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Beresford?
That depends on your timeline, not on a headline. What the data says today: Beresford, SD is a seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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