Is Chamberlain, SD 57325 a buyer’s or seller’s market?
Chamberlain is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Chamberlain housing market right now
In the three months ending August 31, 2026, 0% of homes in Chamberlain, SD 57325 sold above their list price, the typical home went under contract in 121 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
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Questions about Chamberlain real estate
Is Chamberlain a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Chamberlain, SD 57325 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 Chamberlain?
The typical home went under contract in 121 days in the latest three months.
Do homes in Chamberlain sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.8% of the list price.
What are property taxes in Chamberlain?
About 0.96% of a home’s value a year in Brule County, or roughly $3,840 on a $400,000 home.
What is the median home price in Chamberlain?
The median sale price was $284,877 in the three months ending August 31, 2026, about $157 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