Is Chancellor, SD 57015 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Chancellor is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Chancellor housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Turner County, SD

Population	802
Median income	$110,250
Average income	$122,373
Median home value	$321,400
Median rent	$742/month
Owner-occupied	88% of homes
Median year built	1971

Natural hazard riskTornadoes (very high), winter storms (very high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 57015; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 57015

Prefilled for 57015Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57015Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Centerville 57014Seller’s market $139 /sq ft Davis 57021 — /sq ft Hurley 57036Seller’s market $140 /sq ft Marion 57043Seller’s market $81 /sq ft Browse all markets →

Where Chancellor is

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Questions about Chancellor real estate

What are property taxes in Chancellor?

About 0.98% of a home’s value a year in Turner County, or roughly $3,920 on a $400,000 home.

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More tools for 57015

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Turner County property taxes Turner County loan limits Closing costs in South Dakota Hottest ZIP codes in South Dakota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology