Summerset, SD
Housing market overview · Updated weekly
$434,850median sale price
Homes sold
2
Last 12 weeks
Days on market
160
Average pace
Active listings
23
11.5 months supply
Sale-to-list
97.2%
Below asking
The Summerset housing market is currently classified as a buyer's market with a median sale price of $434,850. Prices have risen 10.9% compared to last year, with homes spending an average of 160 days on market, indicating 11.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Summerset?
The median home sale price in Summerset is $434,850, up 10.9% from last year.
How long do homes stay on market in Summerset?
Homes typically spend 160 days on market before going under contract.
Is Summerset a buyer's or seller's market?
With 11.5 months of supply, Summerset is currently a buyer's market.
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