Is Whitewood, SD 57793 a buyer’s or seller’s market?
Whitewood is a seller’s market. With about 3.2 months of supply and 8% 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 Whitewood housing market right now
In the three months ending August 31, 2026, 8% of homes in Whitewood, SD 57793 sold above their list price, the typical home went under contract in 78 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. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (50 days then) and the median sale price fell 64% to $331,806. Overall, Whitewood is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Lead 57754 (4% sold over asking), while Spearfish 57783 (13% sold over asking) and Deadwood 57732 (11% sold over asking) are even more competitive.
Run the numbers for 57793
Nearby markets
Deadwood 57732Balanced $241 /sq ftLead 57754Buyer’s market $288 /sq ftNemo 57759 — /sq ftSpearfish 57783Balanced $233 /sq ft Browse all markets →Towns like Whitewood nearby
Find towns like Whitewood in other states →Where Whitewood is
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Questions about Whitewood real estate
Is Whitewood a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Whitewood, SD 57793 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 Whitewood?
The typical home went under contract in 78 days in the latest three months.
Do homes in Whitewood sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Whitewood?
About 0.79% of a home’s value a year in Lawrence County, or roughly $3,160 on a $400,000 home.
What is the median home price in Whitewood?
The median sale price was $331,806 in the three months ending August 31, 2026, about $219 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