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Is Colton, SD 57018 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Colton 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 list40%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$146▲ +13.8% vs. last year

The Colton housing market right now

In the three months ending August 31, 2026, 40% of homes in Colton, SD 57018 sold above their list price and the typical home went under contract in 76 days. With only 5 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 67%, homes sold more slowly (71 days then) and the median sale price rose 2% to $304,868. Overall, Colton is less competitive than a year ago, which gives buyers more room.

Within Minnehaha County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 93%.

Nearby, buyers who want less competition could look at Valley Springs 57068 (0% sold over asking) or Garretson 57030 (0% sold over asking), while Dell Rapids 57022 (54% sold over asking) is even more competitive.

Run the numbers for 57018

Prefilled for 57018Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57018Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baltic 57003Seller’s market $194 /sq ftBrandon 57005Seller’s market $189 /sq ftCrooks 57020Balanced $169 /sq ftDell Rapids 57022Seller’s market $192 /sq ft Browse all markets →

Towns like Colton nearby

Find towns like Colton in other states →
Arlington, SD57212 · 40 miles away94% similarolder residents Larchwood, IA51241 · 36 miles away87% similarpricier homes ($28K more) · younger residents Colman, SD57017 · 13 miles away86% similarpricier homes ($31K more) Parker, SD57053 · 29 miles away86% similaryounger residents

Where Colton is

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Questions about Colton real estate

How fast do homes sell in Colton?

The typical home went under contract in 76 days in the latest three months.

Do homes in Colton sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Colton?

About 1.14% of a home’s value a year in Minnehaha County, or roughly $4,560 on a $400,000 home.

What is the median home price in Colton?

The median sale price was $304,868 in the three months ending August 31, 2026, about $146 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