Is Garretson, SD 57030 a buyer’s or seller’s market?
Garretson is a seller’s market. With about 2.2 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 Garretson housing market right now
In the three months ending August 31, 2026, 0% of homes in Garretson, SD 57030 sold above their list price, the typical home went under contract in 43 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (7 days then) and the median sale price fell 40% to $294,872. Overall, Garretson is less competitive than a year ago, which gives buyers more room.
Within Minnehaha County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Dell Rapids 57022 (54% sold over asking) and Colton 57018 (40% sold over asking) are even more competitive.
Run the numbers for 57030
Nearby markets
Baltic 57003Seller’s market $194 /sq ftBrandon 57005Seller’s market $189 /sq ftColton 57018 $146 /sq ftCrooks 57020Balanced $169 /sq ft Browse all markets →Towns like Garretson nearby
Find towns like Garretson in other states →Where Garretson is
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Questions about Garretson real estate
Is Garretson a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Garretson, SD 57030 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 Garretson?
The typical home went under contract in 43 days in the latest three months.
Do homes in Garretson sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Garretson?
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 Garretson?
The median sale price was $294,872 in the three months ending August 31, 2026, about $214 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