Is Yankton, SD 57078 a buyer’s or seller’s market?
Yankton is a seller’s market. With about 2.6 months of supply and 16% 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.
More competitive than 53% of U.S. ZIP codes, and #11 of 33 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Yankton housing market right now
In the three months ending August 31, 2026, 16% of homes in Yankton, SD 57078 sold above their list price, the typical home went under contract in 20 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 83 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (29 days then) and the median sale price rose 10% to $294,872. Overall, Yankton is more competitive than a year ago, so tougher for buyers.
Within Yankton County, homes here sell more often over asking than in 50% of the county’s ZIP codes. On our competition score, Yankton ranks #11 of 33 SD ZIP codes with enough sales (score 52 out of 100).
Nearby, buyers who want less competition could look at Mission Hill 57046 (0% sold over asking) or Gayville 57031 (0% sold over asking), while Volin 57072 (50% sold over asking) and Irene 57037 (33% sold over asking) are even more competitive.
Run the numbers for 57078
Nearby markets
Gayville 57031Seller’s market $154 /sq ftIrene 57037 $162 /sq ftMission Hill 57046 $117 /sq ftUtica 57067 — /sq ft Browse all markets →Towns like Yankton nearby
Find towns like Yankton in other states →Where Yankton is
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Questions about Yankton real estate
Is Yankton a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Yankton, SD 57078 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 Yankton?
The typical home went under contract in 20 days in the latest three months.
Do homes in Yankton sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Yankton?
About 1.06% of a home’s value a year in Yankton County, or roughly $4,240 on a $400,000 home.
What is the median home price in Yankton?
The median sale price was $294,872 in the three months ending August 31, 2026, about $151 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