Lake Norden, SD

Balanced market

Housing market overview · Updated weekly

$97,900median sale price

Homes sold

1

Last 12 weeks

Days on market

373

Average pace

Active listings

2

2.0 months supply

Sale-to-list

81.7%

Below asking

The Lake Norden housing market is currently classified as a balanced market with a median sale price of $97,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 373 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lake Norden

There are currently 2 homes listed for sale in Lake Norden, South Dakota.

Active listings

2

Homes on market

Avg. days on market

373

Days until sale

Sale-to-list:81.7%

Explore nearby cities in SD

Frequently asked questions

What is the average home price in Lake Norden?

The median home sale price in Lake Norden is $97,900, down 0.0% from last year.

How long do homes stay on market in Lake Norden?

Homes typically spend 373 days on market before going under contract.

Is Lake Norden a buyer's or seller's market?

With 2.0 months of supply, Lake Norden is currently a balanced market.

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