Sturgis, SD

Buyer's market-11.2% YoY

Housing market overview · Updated weekly

$297,450median sale price

Homes sold

4

Last 12 weeks

Days on market

108

Average pace

Active listings

25

6.3 months supply

Sale-to-list

94.0%

Below asking

The Sturgis housing market is currently classified as a buyer's market with a median sale price of $297,450. Prices have fallen 11.2% compared to last year, with homes spending an average of 108 days on market, indicating 6.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Sturgis

There are currently 25 homes listed for sale in Sturgis, South Dakota. The median listing price is $407K.

Active listings

25

Homes on market

Median list price

$407K

Avg. days on market

108

Days until sale

New this week

6

Newly listed

Price drops:8.0%of listings
Sale-to-list:94.0%

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Frequently asked questions

What is the average home price in Sturgis?

The median home sale price in Sturgis is $297,450, down 11.2% from last year.

How long do homes stay on market in Sturgis?

Homes typically spend 108 days on market before going under contract.

Is Sturgis a buyer's or seller's market?

With 6.3 months of supply, Sturgis is currently a buyer's market.

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