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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chancellor, SD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chancellor, SD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chancellor, SD Housing Market & Real Estate

Strong seller's market

Housing market overview · Updated monthly ·

$299,500median sale price

How is the Chancellor, SD housing market right now?

The median home sale price in Chancellor, SD is $299,500. Homes sell in an average of 2 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Chancellor a buyer's or seller's market?

Strong seller's market1.0 months of supply2 avg. days on market

Chancellor, SD is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 2 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

2

Fast-moving

Active listings

1

1.0 months supply

Sale-to-list

100.0%

Above asking

What does the Chancellor housing market data show?

Current housing market statistics for Chancellor, SD
MetricValue
Median sale price$299,500
Median list price$155,000
Average days on market2 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$223/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Chancellor by property type?

How the Chancellor, SD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chancellor, SD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$299,500$223/sq ft12 days

Source: Redfin · Updated monthly

The Chancellor housing market is currently classified as a strong seller's market with a median sale price of $299,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 2 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.4x provides context for how home values compare to local earning capacity.

Homes for sale in Chancellor

There are currently 1 homes listed for sale in Chancellor, South Dakota. The median listing price is $155K. Featured listings range from $29,900 to $529,900.

land for sale at 1st Ave Chancellor - $29,900
$29,900

1st Ave

Chancellor, SD

Land10,650 sqft lot
View photos & details
3 bedroom house for sale at 430 Main St Chancellor - $239,900
$239,900

430 Main St

Chancellor, SD

3 bd1 ba886 sqft$271/ft²
House1.00 acres
View photos & details
3 bedroom mobile home for sale at 45960 278th St Chancellor - $289,900
$289,900

45960 278th St

Chancellor, SD

3 bd2 ba1,975 sqft$147/ft²
Mobile home2.50 acres
View photos & details
2 bedroom house for sale at 621 5th St Chancellor - $299,500
$299,500

621 5th St

Chancellor, SD

2 bd2 ba1,343 sqft$223/ft²
House12,532 sqft lot
View photos & details
land for sale at 27062 463rd Ave Chancellor - $425,000
$425,000

27062 463rd Ave

Chancellor, SD

Land9.96 acres
View photos & details
5 bedroom house for sale at 27271 461st Ave Chancellor - $499,900
$499,900

27271 461st Ave

Chancellor, SD

5 bd3 ba3,303 sqft$151/ft²
House2.57 acres
View photos & details
5 bedroom house for sale at 46098 274th St Chancellor - $529,900
$529,900

46098 274th St

Chancellor, SD

5 bd2 ba2,636 sqft$201/ft²
House7.00 acres
View photos & details

Looking to buy in Chancellor?

Get connected with a local real estate expert — free, no obligation.

Active listings

1

Homes on market

Median list price

$155K

Avg. days on market

2

Days until sale

New this week

1

Newly listed

Sale-to-list:100.0%

Who lives in Chancellor?

Population

365

Median income

$64,750/yr

Median age

28.6 years

Owner-occupied

69.5%

College grads

17.8%

Avg commute

29 min

Source: U.S. Census Bureau ACS

What are homes worth in Chancellor?

Zillow home value

$415,061

Price-to-income

6.4x

Source: Zillow Research

What is it like to live in Chancellor?

Chancellor is a community of approximately 0K residents with a median age of 28.6 years.The median household income is $64,750, which represents a working-class community with solid middle-income opportunities. 17.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 69.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 29 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chancellor offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Chancellor, SD?

Want a head-to-head view? Compare Chancellor side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Chancellor?

The median home sale price in Chancellor is $299,500, down 0.0% from last year.

How long do homes stay on market in Chancellor?

Homes typically spend 2 days on market before going under contract.

What is the median income in Chancellor?

The median household income is $64,750 per year.

Is Chancellor a buyer's or seller's market?

With 1.0 months of supply, Chancellor is currently a strong seller's market.

How many homes are for sale in Chancellor?

There are currently 1 homes listed for sale in Chancellor, SD.

What is the Zillow home value estimate for Chancellor?

The Zillow Home Value Index (ZHVI) for Chancellor is $415,061, representing the typical home value in the area.

How much does a single-family home cost in Chancellor?

The median single-family home price in Chancellor, SD is $299,500 (about $223 per square foot).

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