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Featured local agent — Wessington Springs, SD
Sarah Mitchell
Compass Real Estate · Wessington Springs, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wessington Springs, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$263,000median sale price
How is the Wessington Springs, SD housing market right now?
The median home sale price in Wessington Springs, SD is $263,000, up 87.5% year-over-year. Homes sell in an average of 184 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wessington Springs a buyer's or seller's market?
Wessington Springs, SD is currently a balanced market, based on 3.0 months of supply and homes selling in about 184 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
184
Average pace
Active listings
3
3.0 months supply
Sale-to-list
96.2%
Below asking
What does the Wessington Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $263,000 |
| Median list price | $69,000 |
| Year-over-year price change | +87.5% |
| Average days on market | 184 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 96.2% |
| Median price per sq ft | $112/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wessington Springs by property type?
How the Wessington Springs, 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 | $263,000 | $112/sq ft | 1 | 184 days |
Source: Redfin · Updated monthly
The Wessington Springs housing market is currently classified as a balanced market with a median sale price of $263,000. Prices have risen 87.5% compared to last year, with homes spending an average of 184 days on market, indicating 3.0 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 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Wessington Springs
There are currently 3 homes listed for sale in Wessington Springs, South Dakota. The median listing price is $69K.
Active listings
3
Homes on market
Median list price
$69K
Avg. days on market
184
Days until sale
New this week
1
Newly listed
Who lives in Wessington Springs?
Population
747
Median income
$46,750/yr
Median age
60.1 years
Owner-occupied
77.4%
College grads
23.7%
Avg commute
14.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Wessington Springs?
Zillow home value
$238,339
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Wessington Springs?
Wessington Springs is a community of approximately 1K residents with a median age of 60.1 years.The median household income is $46,750, which represents a working-class community with solid middle-income opportunities. 23.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wessington Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wessington Springs?
7 schools tracked · 429 students
The largest public schools serving Wessington Springs, 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.
Wessington Springs Elementary - 02
Grades PK-6 · 140 students
Wessington Springs High School Cyber School - 92
Grades 9-12 · 108 students
Wessington Springs High School - 01
Grades 9-12 · 90 students
Wessington Springs Jr. High - 04
Grades 7-8 · 42 students
Wessington Springs Middle School Cyber School - 93
Grades 7-8 · 23 students
Spring Valley Colony Elementary - 05
Grades K-8 · 19 students
Wessington Springs Elementary Cyber School - 94
Grades K-6 · 7 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 Wessington Springs, SD?
Want a head-to-head view? Compare Wessington Springs side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wessington Springs?
The median home sale price in Wessington Springs is $263,000, up 87.5% from last year.
How long do homes stay on market in Wessington Springs?
Homes typically spend 184 days on market before going under contract.
What is the median income in Wessington Springs?
The median household income is $46,750 per year.
Is Wessington Springs a buyer's or seller's market?
With 3.0 months of supply, Wessington Springs is currently a balanced market.
What is the Zillow home value estimate for Wessington Springs?
The Zillow Home Value Index (ZHVI) for Wessington Springs is $238,339, representing the typical home value in the area.
How much does a single-family home cost in Wessington Springs?
The median single-family home price in Wessington Springs, SD is $263,000 (about $112 per square foot).
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