Is Wessington Springs, SD 57382 a buyer’s or seller’s market?
Wessington Springs is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Wessington Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Wessington Springs, SD 57382 sold above their list price, the typical home went under contract in 326 days and there were 12.8 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.
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Questions about Wessington Springs real estate
Is Wessington Springs a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Wessington Springs, SD 57382 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 Wessington Springs?
The typical home went under contract in 326 days in the latest three months.
Do homes in Wessington Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.
What are property taxes in Wessington Springs?
About 0.84% of a home’s value a year in Jerauld County, or roughly $3,360 on a $400,000 home.
What is the median home price in Wessington Springs?
The median sale price was $544,764 in the three months ending August 31, 2026, about $146 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