Is Hayti, SD 57241 a buyer’s or seller’s market?
Hayti is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Hayti housing market right now
In the three months ending August 31, 2026, 25% of homes in Hayti, SD 57241 sold above their list price, the typical home went under contract in 32 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. 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 faster (44 days then) and the median sale price rose 13% to $241,845. Overall, Hayti is more competitive than a year ago, so tougher for buyers.
Within Hamlin County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Hazel 57242 (0% sold over asking) or Castlewood 57223 (0% sold over asking), while Lake Norden 57248 (100% sold over asking) is even more competitive.
Run the numbers for 57241
Nearby markets
Bryant 57221Buyer’s market $77 /sq ftCastlewood 57223Buyer’s market $315 /sq ftHazel 57242 $135 /sq ftLake Norden 57248Buyer’s market $702 /sq ft Browse all markets →Where Hayti is
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Questions about Hayti real estate
Is Hayti a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Hayti, SD 57241 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 Hayti?
The typical home went under contract in 32 days in the latest three months.
Do homes in Hayti sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Hayti?
About 1.11% of a home’s value a year in Hamlin County, or roughly $4,440 on a $400,000 home.
What is the median home price in Hayti?
The median sale price was $241,845 in the three months ending August 31, 2026, about $186 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