Is Vale, SD 57788 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Vale 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-list99.5%Sold price ÷ list price

Median days on market71Listing to accepted offer

Median price per sq ft$291

The Vale housing market right now

In the three months ending August 31, 2026, 0% of homes in Vale, SD 57788 sold above their list price and the typical home went under contract in 71 days. With only 2 sales, these figures can swing a lot from month to month.

Nearby, Belle Fourche 57717 (18% sold over asking) is even more competitive.

About the area

Butte County, SD

Population	598
Median income	$85,380
Average income	$98,735
Median home value	$259,800
Owner-occupied	91% of homes
Median year built	1966

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 57788; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 57788

Prefilled for 57788Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57788Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belle Fourche 57717Seller’s market $180 /sq ft Newell 57760Seller’s market $54 /sq ft Nisland 57762Seller’s market $208 /sq ft Browse all markets →

Where Vale is

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Questions about Vale real estate

How fast do homes sell in Vale?

The typical home went under contract in 71 days in the latest three months.

Do homes in Vale sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Vale?

About 0.93% of a home’s value a year in Butte County, or roughly $3,720 on a $400,000 home.

What is the median home price in Vale?

The median sale price was $344,351 in the three months ending August 31, 2026, about $291 per square foot.

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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 Butte County property taxes Butte County loan limits Closing costs in South Dakota Hottest ZIP codes in South Dakota

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