Is Beresford, SD 57004 a buyer’s or seller’s market?
Beresford is a seller’s market. With about 3.9 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Beresford housing market right now
In the three months ending August 31, 2026, 0% of homes in Beresford, SD 57004 sold above their list price, the typical home went under contract in 55 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (13 days then) and the median sale price fell 6% to $244,894. Overall, Beresford is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Worthing 57077 (50% sold over asking) and Lennox 57039 (22% sold over asking) are even more competitive.
Run the numbers for 57004
Nearby markets
Canton 57013Buyer’s market $131 /sq ftFairview 57027 — /sq ftHarrisburg 57032Balanced $200 /sq ftHudson 57034Buyer’s market $104 /sq ft Browse all markets →Towns like Beresford nearby
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Questions about Beresford real estate
Is Beresford a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Beresford, SD 57004 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Beresford?
The typical home went under contract in 55 days in the latest three months.
Do homes in Beresford sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Beresford?
About 1.15% of a home’s value a year in Lincoln County, or roughly $4,600 on a $400,000 home.
What is the median home price in Beresford?
The median sale price was $244,894 in the three months ending August 31, 2026, about $168 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology