Is Eureka, SD 57437 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Eureka is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list82.7%Sold price ÷ list price
Median days on market148Listing to accepted offer
Median price per sq ft$78▼ −63.9% vs. last year

The Eureka housing market right now

In the three months ending August 31, 2026, 0% of homes in Eureka, SD 57437 sold above their list price and the typical home went under contract in 148 days. 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 more slowly (11 days then) and the median sale price fell 69% to $93,460. Overall, Eureka is less competitive than a year ago, which gives buyers more room.

Nearby markets

Hosmer 57448 — /sq ftLeola 57456 $31 /sq ft Browse all markets →

Where Eureka is

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Questions about Eureka real estate

How fast do homes sell in Eureka?

The typical home went under contract in 148 days in the latest three months.

Do homes in Eureka sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 82.7% of the list price.

What are property taxes in Eureka?

About 1.55% of a home’s value a year in McPherson County, or roughly $6,200 on a $400,000 home.

What is the median home price in Eureka?

The median sale price was $93,460 in the three months ending August 31, 2026, about $78 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