Is Renner, SD 57055 a buyer’s or seller’s market?
Renner is a seller’s market. With about 3.2 months of supply and 25% 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 Renner housing market right now
In the three months ending August 31, 2026, 25% of homes in Renner, SD 57055 sold above their list price, the typical home went under contract in 76 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, 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 more slowly (34 days then) and the median sale price rose 33% to $853,381. Overall, Renner is more competitive than a year ago, so tougher for buyers.
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 57%.
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) and Colton 57018 (40% sold over asking) are even more competitive.
Run the numbers for 57055
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 Renner nearby
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Questions about Renner real estate
Is Renner a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Renner, SD 57055 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 Renner?
The typical home went under contract in 76 days in the latest three months.
Do homes in Renner sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Renner?
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 Renner?
The median sale price was $853,381 in the three months ending August 31, 2026, about $282 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