Is Egan, SD 57024 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Egan is a seller’s market. With about 1.6 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.

Months of supply1.6Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list90.3%Sold price ÷ list price

Median days on market83Listing to accepted offer

Median price per sq ft$138

The Egan housing market right now

In the three months ending August 31, 2026, 0% of homes in Egan, SD 57024 sold above their list price, the typical home went under contract in 83 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Nearby, Colman 57017 (25% sold over asking) and Flandreau 57028 (17% sold over asking) are even more competitive.

About the area

Moody County, SD

Population	480
Median income	$98,333
Average income	$126,943
Median home value	$198,500
Median rent	$1,341/month
Owner-occupied	90% of homes
Median year built	1966

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 57024; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 57024

Prefilled for 57024Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57024Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Colman 57017Seller’s market $220 /sq ft Flandreau 57028Seller’s market $122 /sq ft Trent 57065 — /sq ft Browse all markets →

Where Egan is

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Questions about Egan real estate

Is Egan a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Egan, SD 57024 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 Egan?

The typical home went under contract in 83 days in the latest three months.

Do homes in Egan sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.3% of the list price.

What are property taxes in Egan?

About 1.10% of a home’s value a year in Moody County, or roughly $4,400 on a $400,000 home.

What is the median home price in Egan?

The median sale price was $233,399 in the three months ending August 31, 2026, about $138 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