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Featured local agent — Meadow View Addition, SD
Sarah Mitchell
Compass Real Estate · Meadow View Addition, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Meadow View Addition, SD Housing Market
The last median sale price Redfin published was $405,000, +18.4% year over year (through May 2026). With homes going under contract in about 60 days, Meadow View Addition is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $405,000 home is about $2,162/mo in principal and interest.
Key numbers for Meadow View Addition, SD
Median sale price
$405,000
+18.4% year over year
Redfin, through April 2026
Days on market
60
Average pace
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$92,470
Home costs 4.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.4%
Selling above asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Meadow View Addition a buyer's or seller's market?
Meadow View Addition, SD is a balanced market and homes selling in about 60 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Meadow View Addition housing market data show?
Every row below is Redfin's final published month for Meadow View Addition, SD. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $405,000 |
| Year-over-year price change | +18.4% |
| Median price per sq ft | $313/sq ft |
| Median days on market | 60 days |
| Sale-to-list price ratio | 101.4% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Meadow View Addition is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Meadow View Addition is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Meadow View Addition home prices moved?
Across the 25 months we hold for Meadow View Addition, SD, the median sale price rose 47.3%, from $275,000 in April 2021 to $405,000.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Meadow View Addition?
Priced off the median sale price of $405,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $81,000 | $324,000 | $2,162/mo |
| 5% | $20,250 | $384,750 | $2,568/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,162, that implies roughly $92,662 a year before you add taxes and insurance. The median household in Meadow View Addition earns $92,470, about $192 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Meadow View Addition in the next 12 months?
Tell us your timeline. We send the Meadow View Addition market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Meadow View Addition?
Zillow does not publish a rent index (ZORI) for Meadow View Addition, SD, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Meadow View Addition?
Active listings in Meadow View Addition, SD went from 1 in May 2022 to 1 in November 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| October 2022 | 2 | 1 |
| June 2023 | 3 | not published |
| July 2023 | 3 | 2 |
| August 2023 | 2 | not published |
| November 2023 | 2 | not published |
| December 2023 | 1 | not published |
| May 2024 | 1 | not published |
| August 2024 | 2 | 1 |
| November 2024 | 2 | 2 |
| July 2025 | 2 | 1 |
| October 2025 | 2 | 1 |
| November 2025 | 1 | not published |
Redfin, through November 2025
How does Meadow View Addition compare to South Dakota and the U.S.?
Meadow View Addition homes sell for $405,000 — 17% above the South Dakota median of $346,600. Against the national median of $410,700, Meadow View Addition runs 1% lower. Year-over-year, Meadow View Addition moved +18.4% against South Dakota's +4.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Meadow View Addition, SD | $405,000 | +18.4% | 60 days |
| South Dakota statewide | $346,600 | +4.3% | 49 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Meadow View Addition
What buyers should watch
- The gap between 5% and 20% down here is $405 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $405,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Meadow View Addition listing goes under contract in 60 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.4% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Meadow View Addition varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Meadow View Addition
Explore homes currently listed for sale in Meadow View Addition, South Dakota across major real estate platforms.
How much do homes cost in Meadow View Addition by property type?
How the Meadow View Addition, SD market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $405,000 | $313/sq ft | 1 | 60 days |
Who lives in Meadow View Addition?
American Community Survey estimates for Meadow View Addition. U.S. Census ACS, 2023
Population
880
Households
243
Median income
$92,470/yr
Median age
23.9 years
Owner-occupied
100.0%
Median home value
$227,700
Mean commute
29.9 min
100.0% of occupied homes in Meadow View Addition are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Meadow View Addition, SD?
Ordered by distance from Meadow View Addition, not by size. Compare Meadow View Addition side by side with any of them.
Meadow View Addition housing market FAQ
Is Meadow View Addition a buyer's or seller's market?
Meadow View Addition, SD is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Meadow View Addition?
The median sale price in the last month Redfin published was $405,000, about $313 per square foot.
Is Meadow View Addition cheaper than the rest of South Dakota?
Meadow View Addition's median sale price of $405,000 is 17% higher than the South Dakota statewide median of $346,600, and 1% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Meadow View Addition?
Homes in Meadow View Addition, SD spent a median of 60 days on market before going under contract, versus 49 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Meadow View Addition?
At the current 30-year fixed rate of 7.03%, 20% down on a $405,000 home is about $2,162 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $92,662 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $92,470.
Are home prices rising in Meadow View Addition?
Redfin's last published year-over-year change for Meadow View Addition, SD was +18.4%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Meadow View Addition?
Meadow View Addition ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Meadow View Addition?
That depends on your timeline, not on a headline. What the data says today: Meadow View Addition, SD is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $405,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.