Is Glenham, SD 57631 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Glenham 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-list75%Sold price ÷ list price

Median days on market57Listing to accepted offer

Median price per sq ft—▲ +2263.2% vs. last year

The Glenham housing market right now

In the three months ending August 31, 2026, 0% of homes in Glenham, SD 57631 sold above their list price and the typical home went under contract in 57 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 (16 days then) and the median sale price fell 93% to $44,981. Overall, Glenham is less competitive than a year ago, which gives buyers more room.

About the area

Walworth County, SD

Population	364
Median income	$56,827
Average income	$98,613
Median home value	$162,500
Owner-occupied	90% of homes
Median year built	1978

Natural hazard riskWinter storms (very high), wildfire (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 57631; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 57631

Prefilled for 57631Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57631Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Akaska 57420 — /sq ft Java 57452 — /sq ft Selby 57472Buyer’s market $68 /sq ft Browse all markets →

Where Glenham is

Loading map…

Questions about Glenham real estate

How fast do homes sell in Glenham?

The typical home went under contract in 57 days in the latest three months.

Do homes in Glenham sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 75.0% of the list price.

What are property taxes in Glenham?

About 1.31% of a home’s value a year in Walworth County, or roughly $5,240 on a $400,000 home.

What is the median home price in Glenham?

The median sale price was $44,981 in the three months ending August 31, 2026.

Local agents

See all agents in 57631 →

No sponsored agents in 57631 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 57631

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Walworth County property taxes Walworth County loan limits Closing costs in South Dakota Hottest ZIP codes in South Dakota

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="57631"><a href="https://offerbacked.com/market/57631">Glenham, SD 57631 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology