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Featured local agent — Keystone, SD
Sarah Mitchell
Compass Real Estate · Keystone, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Keystone, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$507,500median sale price
How is the Keystone, SD housing market right now?
The median home sale price in Keystone, SD is $507,500. Homes sell in an average of 53 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of September 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Keystone a buyer's or seller's market?
Keystone, SD is currently a buyer's market and homes selling in about 53 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
53
Average pace
Active listings
—
Sale-to-list
95.9%
Below asking
What does the Keystone housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $507,500 |
| Average days on market | 53 days |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $317/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Keystone by property type?
How the Keystone, 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 | $507,500 | $317/sq ft | 2 | 53 days |
Source: Redfin · Updated monthly
The Keystone housing market is currently classified as a buyer's market with a median sale price of $507,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 53 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
Homes for sale in Keystone
Explore homes currently listed for sale in Keystone, South Dakota across major real estate platforms.
Who lives in Keystone?
Population
404
Median income
$62,159/yr
Median age
37 years
Owner-occupied
67.4%
College grads
17.4%
Avg commute
29 min
Source: U.S. Census Bureau ACS
What are homes worth in Keystone?
Zillow home value
$638,623
Price-to-income
10.3x
Source: Zillow Research
What is it like to live in Keystone?
Keystone is a community of approximately 0K residents with a median age of 37 years.The median household income is $62,159, which represents a working-class community with solid middle-income opportunities. 17.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.4%, 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, Keystone offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Keystone, SD?
Want a head-to-head view? Compare Keystone side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Keystone?
The median home sale price in Keystone is $507,500, down 0.0% from last year.
How long do homes stay on market in Keystone?
Homes typically spend 53 days on market before going under contract.
What is the median income in Keystone?
The median household income is $62,159 per year.
What is the Zillow home value estimate for Keystone?
The Zillow Home Value Index (ZHVI) for Keystone is $638,623, representing the typical home value in the area.
How much does a single-family home cost in Keystone?
The median single-family home price in Keystone, SD is $507,500 (about $317 per square foot).
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