Is West Custer, SD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Custer is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, West Custer has remained a Seller's Market.

Key Takeaway

West Custer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Custer, SD

How much do homes in West Custer, SD cost?

Median Sold Price

$616,250

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$35,250(-5.4%)

Key Takeaway

Homes in West Custer have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in West Custer was $616,250 in April 2024, down 5.4% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $648K$270K
-58.3%
2 $439K$532K
+21.2%
3 $679K$629K
-7.4%
4 $585K$660K
+12.8%
5+ $877.3K$670K
-23.6%

Summary: West Custer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.3%, 2 bedroom homes increased by 21.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 23.6%.

Median Sold Price Compared To Nearby Cities

Custer
+41.2%
West Custer
-5.4%

Housing Supply in West Custer, SD

How many homes are available in West Custer, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2028+40.0%

Summary: The West Custer real estate market had 28 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 67
+16.7%
3 915
+66.7%
4 44
0.0%
5+ 00
0.0%

Summary: The West Custer housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Custer, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in West Custer in April 2024, up by 25.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Custer, SD

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in West Custer, SD

Nearby Markets to West Custer, SD

What housing markets are near West Custer, SD?