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Featured local agent — Ethan, SD
Sarah Mitchell
Compass Real Estate · Ethan, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ethan, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,000median sale price
How is the Ethan, SD housing market right now?
The median home sale price in Ethan, SD is $315,000, up 231.6% year-over-year. Homes sell in an average of 1 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ethan a buyer's or seller's market?
Ethan, SD is currently a balanced market and homes selling in about 1 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
1
Fast-moving
Active listings
—
Sale-to-list
98.8%
Below asking
What does the Ethan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,000 |
| Median list price | $319,000 |
| Year-over-year price change | +231.6% |
| Average days on market | 1 days |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $138/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Ethan by property type?
How the Ethan, SD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $315,000 | $138/sq ft | 1 | 1 days |
Source: Redfin · Updated monthly
The Ethan housing market is currently classified as a balanced market with a median sale price of $315,000. Prices have risen 231.6% compared to last year, with homes spending an average of 1 days on market.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 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Ethan
Explore homes currently listed for sale in Ethan, South Dakota across major real estate platforms.
Who lives in Ethan?
Population
263
Median income
$54,688/yr
Median age
28.1 years
Owner-occupied
66.3%
College grads
16.6%
Avg commute
28.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Ethan?
Zillow home value
$308,938
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Ethan?
Ethan is a community of approximately 0K residents with a median age of 28.1 years.The median household income is $54,688, which represents a working-class community with solid middle-income opportunities. 16.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ethan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ethan?
5 schools tracked · 312 students
The largest public schools serving Ethan, 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.
Ethan Elementary - 02
Grades PK-6 · 161 students
Ethan High School - 01
Grades 9-12 · 87 students
Ethan Jr. High - 03
Grades 7-8 · 43 students
New Elm Spring Colony Elementary - 08
Grades PK-8 · 21 students
Parkston Virtual School - 92
Grades 9-12
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 Ethan, SD?
Want a head-to-head view? Compare Ethan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ethan?
The median home sale price in Ethan is $315,000, up 231.6% from last year.
How long do homes stay on market in Ethan?
Homes typically spend 1 days on market before going under contract.
What is the median income in Ethan?
The median household income is $54,688 per year.
What is the Zillow home value estimate for Ethan?
The Zillow Home Value Index (ZHVI) for Ethan is $308,938, representing the typical home value in the area.
How much does a single-family home cost in Ethan?
The median single-family home price in Ethan, SD is $315,000 (about $138 per square foot).
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