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Is Parker, SD 57053 a buyer’s or seller’s market?

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

Parker is a buyer’s market. With about 22.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply22.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list108.1%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$212▲ +14.4% vs. last year

The Parker housing market right now

In the three months ending August 31, 2026, 100% of homes in Parker, SD 57053 sold above their list price, the typical home went under contract in 5 days and there were 22.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (40 days then) and the median sale price rose 3% to $307,867. Overall, Parker is more competitive than a year ago, so tougher for buyers.

Within Turner County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Viborg 57070 (0% sold over asking) or Marion 57043 (0% sold over asking).

Run the numbers for 57053

Prefilled for 57053Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57053Over-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 ftChancellor 57015 — /sq ftDavis 57021 — /sq ftHurley 57036Seller’s market $140 /sq ft Browse all markets →

Towns like Parker nearby

Find towns like Parker in other states →
Larchwood, IA51241 · 36 miles away93% similarVery close on income, prices and more Lennox, SD57039 · 13 miles away92% similarlarger Beresford, SD57004 · 28 miles away89% similarlarger · 5 min longer commute Colton, SD57018 · 29 miles away86% similarolder residents

Where Parker is

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Questions about Parker real estate

Is Parker a buyer’s or seller’s market?

A buyer’s market: there were 22.4 months of supply in Parker, SD 57053 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 Parker?

The typical home went under contract in 5 days in the latest three months.

Do homes in Parker sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 108.1% of the list price.

What are property taxes in Parker?

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

What is the median home price in Parker?

The median sale price was $307,867 in the three months ending August 31, 2026, about $212 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