Tea, SD
Housing market overview · Updated weekly
$405,750median sale price
Homes sold
6
Last 12 weeks
Days on market
305
Average pace
Active listings
53
8.8 months supply
Sale-to-list
96.6%
Below asking
The Tea housing market is currently classified as a buyer's market with a median sale price of $405,750. Prices have fallen 13.1% compared to last year, with homes spending an average of 305 days on market, indicating 8.8 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
Homes for sale in Tea
There are currently 53 homes listed for sale in Tea, South Dakota. The median listing price is $343K.
Active listings
53
Homes on market
Median list price
$343K
Avg. days on market
305
Days until sale
New this week
6
Newly listed
Explore nearby cities in SD
Frequently asked questions
What is the average home price in Tea?
The median home sale price in Tea is $405,750, down 13.1% from last year.
How long do homes stay on market in Tea?
Homes typically spend 305 days on market before going under contract.
Is Tea a buyer's or seller's market?
With 8.8 months of supply, Tea is currently a buyer's market.
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