Is Oacoma, SD 57365 a buyer’s or seller’s market?
Oacoma is a seller’s market. With about 3.2 months of supply and 0% 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.
The Oacoma housing market right now
In the three months ending August 31, 2026, 0% of homes in Oacoma, SD 57365 sold above their list price, the typical home went under contract in 10 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (43 days then) and the median sale price fell 17% to $624,730. Overall, Oacoma is more competitive than a year ago, so tougher for buyers.
Run the numbers for 57365
Where Oacoma is
Loading map…
Questions about Oacoma real estate
Is Oacoma a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Oacoma, SD 57365 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 Oacoma?
The typical home went under contract in 10 days in the latest three months.
Do homes in Oacoma sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 86.2% of the list price.
What are property taxes in Oacoma?
About 0.91% of a home’s value a year in Lyman County, or roughly $3,640 on a $400,000 home.
What is the median home price in Oacoma?
The median sale price was $624,730 in the three months ending August 31, 2026, about $260 per square foot.
Local agents
See all agents in 57365 →No sponsored agents in 57365 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 57365
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology