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Is Tripp, SD 57376 a buyer’s or seller’s market?

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

Tripp 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list72.7%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$61▼ −11.4% vs. last year

The Tripp housing market right now

In the three months ending August 31, 2026, 0% of homes in Tripp, SD 57376 sold above their list price, the typical home went under contract in 20 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 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 fell from 20%, homes sold faster (48 days then) and the median sale price fell 9% to $63,972. Overall, Tripp is less competitive than a year ago, which gives buyers more room.

Nearby, Parkston 57366 (50% sold over asking) is even more competitive.

Run the numbers for 57376

Prefilled for 57376Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57376Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dimock 57331 — /sq ftFreeman 57029Seller’s market $107 /sq ftMenno 57045Seller’s market $108 /sq ftParkston 57366Balanced $104 /sq ft Browse all markets →

Where Tripp is

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Questions about Tripp real estate

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

A buyer’s market: there were 6.4 months of supply in Tripp, SD 57376 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 Tripp?

The typical home went under contract in 20 days in the latest three months.

Do homes in Tripp sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 72.7% of the list price.

What are property taxes in Tripp?

About 1.15% of a home’s value a year in Hutchinson County, or roughly $4,600 on a $400,000 home.

What is the median home price in Tripp?

The median sale price was $63,972 in the three months ending August 31, 2026, about $61 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