Lead, SD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lead, SD is $249,900. Homes sell in an average of 121 days with 27 active listings. The market is currently a balanced market.
$249,900median sale price
Is Lead a buyer's or seller's market?
Lead, SD is currently a balanced market, based on 3.9 months of supply and homes selling in about 121 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
121
Average pace
Active listings
27
3.9 months supply
Sale-to-list
96.1%
Below asking
Lead, SD market data
| Metric | Value |
|---|---|
| Median sale price | $249,900 |
| Median list price | $305,200 |
| Average days on market | 121 days |
| Active inventory | 27 listings |
| Months of supply | 3.9 months |
| Sale-to-list price ratio | 96.1% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Lead housing market is currently classified as a balanced market with a median sale price of $249,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 121 days on market, indicating 3.9 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 Lead
There are currently 27 homes listed for sale in Lead, South Dakota. The median listing price is $305K.
Active listings
27
Homes on market
Median list price
$305K
Avg. days on market
121
Days until sale
New this week
4
Newly listed
Explore nearby cities in SD
Frequently asked questions
What is the average home price in Lead?
The median home sale price in Lead is $249,900, down 0.0% from last year.
How long do homes stay on market in Lead?
Homes typically spend 121 days on market before going under contract.
Is Lead a buyer's or seller's market?
With 3.9 months of supply, Lead is currently a balanced market.
Get Lead market alerts
Weekly updates on prices, inventory, and trends. Free forever.