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Is Sisseton, SD 57262 a buyer’s or seller’s market?

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

Sisseton is a seller’s market. With about 1.6 months of supply and 50% 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.

Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list119.7%Sold price ÷ list price
Median days on market123Listing to accepted offer
Median price per sq ft$39▲ +35.6% vs. last year

The Sisseton housing market right now

In the three months ending August 31, 2026, 50% of homes in Sisseton, SD 57262 sold above their list price, the typical home went under contract in 123 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 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 (56 days then) and the median sale price rose 97% to $90,511. Overall, Sisseton is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Rosholt 57260 (0% sold over asking) or Corona 57227 (0% sold over asking).

Run the numbers for 57262

Prefilled for 57262Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57262Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Claire City 57224 — /sq ftCorona 57227Seller’s market $288 /sq ftRosholt 57260 $216 /sq ftWilmot 57279 $265 /sq ft Browse all markets →

Towns like Sisseton nearby

Find towns like Sisseton in other states →
Britton, SD57430 · 34 miles away52% similarsmaller · older residents Wheaton, MN56296 · 30 miles away49% similarcheaper homes ($26K less) · smaller Milbank, SD57252 · 39 miles away42% similarpricier homes ($53K more) · older residents Lidgerwood, ND58053 · 28 miles away39% similarcheaper homes ($34K less) · smaller

Where Sisseton is

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Questions about Sisseton real estate

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

A seller’s market: there were 1.6 months of supply in Sisseton, SD 57262 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 Sisseton?

The typical home went under contract in 123 days in the latest three months.

Do homes in Sisseton sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 119.7% of the list price.

What are property taxes in Sisseton?

About 0.97% of a home’s value a year in Roberts County, or roughly $3,880 on a $400,000 home.

What is the median home price in Sisseton?

The median sale price was $90,511 in the three months ending August 31, 2026, about $39 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