Is Oelrichs, SD 57763 a buyer’s or seller’s market?
Oelrichs 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 Oelrichs housing market right now
In the three months ending August 31, 2026, 0% of homes in Oelrichs, SD 57763 sold above their list price, the typical home went under contract in 71 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.
Run the numbers for 57763
Nearby markets
Edgemont 57735 — /sq ftHot Springs 57747Balanced $174 /sq ftOral 57766 — /sq ftSmithwick 57782 — /sq ft Browse all markets →Where Oelrichs is
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Questions about Oelrichs real estate
Is Oelrichs a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Oelrichs, SD 57763 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 Oelrichs?
The typical home went under contract in 71 days in the latest three months.
Do homes in Oelrichs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Oelrichs?
About 1.00% of a home’s value a year in Fall River County, or roughly $4,000 on a $400,000 home.
What is the median home price in Oelrichs?
The median sale price was $124,946 in the three months ending August 31, 2026, about $163 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