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Featured local agent — Wakonda, SD
Sarah Mitchell
Compass Real Estate · Wakonda, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wakonda, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$60,000median sale price
How is the Wakonda, SD housing market right now?
The median home sale price in Wakonda, SD is $60,000. Homes sell in an average of 87 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of June 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wakonda a buyer's or seller's market?
Wakonda, SD is currently a balanced market, based on 1.0 months of supply and homes selling in about 87 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
87
Average pace
Active listings
1
1.0 months supply
Sale-to-list
81.1%
Below asking
What does the Wakonda housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $60,000 |
| Average days on market | 87 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 81.1% |
| Median price per sq ft | $36/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wakonda by property type?
How the Wakonda, SD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $60,000 | $36/sq ft | 1 | 87 days |
Source: Redfin · Updated monthly
The Wakonda housing market is currently classified as a balanced market with a median sale price of $60,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 87 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Wakonda
There are currently 1 homes listed for sale in Wakonda, South Dakota.
Active listings
1
Homes on market
Avg. days on market
87
Days until sale
Who lives in Wakonda?
Population
352
Median income
$56,875/yr
Median age
53.4 years
Owner-occupied
83.5%
College grads
18.8%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Wakonda?
Zillow home value
$264,570
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Wakonda?
Wakonda is a community of approximately 0K residents with a median age of 53.4 years.The median household income is $56,875, which represents a working-class community with solid middle-income opportunities. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wakonda offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wakonda?
1 schools tracked · 161 students
The largest public schools serving Wakonda, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Irene - Wakonda Elementary - 02
Grades PK-6 · 161 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wakonda, SD?
Want a head-to-head view? Compare Wakonda side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wakonda?
The median home sale price in Wakonda is $60,000, down 0.0% from last year.
How long do homes stay on market in Wakonda?
Homes typically spend 87 days on market before going under contract.
What is the median income in Wakonda?
The median household income is $56,875 per year.
Is Wakonda a buyer's or seller's market?
With 1.0 months of supply, Wakonda is currently a balanced market.
What is the Zillow home value estimate for Wakonda?
The Zillow Home Value Index (ZHVI) for Wakonda is $264,570, representing the typical home value in the area.
How much does a single-family home cost in Wakonda?
The median single-family home price in Wakonda, SD is $60,000 (about $36 per square foot).
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