MyMarketPulse (mymarketpulse.com) just released its analysis of the April 2024 market data for Lake County, South Dakota.
The report shows that the Median Sale Price in Lake County reached $330,000 as of April 2024, marking an increase of 37.5% over the previous month and a 124.5% rise compared to a year ago.
Sales of homes in the region saw 9 homes changing hands. This represents an increase of 28.6% from the month before and up 80.0% compared to the same month last year.
Furthermore, homes in Lake County were on the market for an average of 55 days before selling, reflecting a decrease of 17 days days month-over-month and an increase of 4 days day year-over-year.
With the Market Pulse Score sitting at 93, the trend in Lake County’s housing market seems to be falling.
For more information about the Lake County, South Dakota market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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