Is Tea, SD 57064 a buyer’s or seller’s market?

The Tea housing market right now

In the three months ending August 31, 2026, 11% of homes in Tea, SD 57064 sold above their list price, the typical home went under contract in 44 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 47 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold about as fast and the median sale price rose 4% to $395,279. Overall, Tea is about as competitive as it was a year ago.

Within Lincoln County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Tea ranks #19 of 33 SD ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Hudson 57034 (0% sold over asking) or Beresford 57004 (0% sold over asking), while Worthing 57077 (50% sold over asking) and Lennox 57039 (22% sold over asking) are even more competitive.