Top Medium Teams in South Dakota – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Kahler TeamKeller Williams Realty Black HillsRapid City, SD$147,561,712View Profile
2Christians Team Real EstateKeller Williams Realty Black HillsRapid City, SD$64,793,740View Profile
3The Tony Ratchford GroupKeller Williams Realty Sioux Falls, SDSioux Falls, SD$58,224,489View Profile
4Faith Lewis RealtyKeller Williams Realty Black HillsRapid City, SD$48,603,515View Profile
5Kelly Howie TeamRE/MAX AdvantageRapid City, SD$46,701,672View Profile
6BB RealtyKeller Williams Realty Sioux Falls, SDSioux Falls, SD$29,906,530View Profile
7Greg Doohen Realty GroupKeller Williams Realty Sioux Falls, SDSioux Falls, SD$29,491,321View Profile
8Dave Mettler TeamKeller Williams Realty Sioux Falls, SDSioux Falls, SD$25,286,112View Profile

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2023 South Dakota Housing Market Summary

South Dakota started 2023 with a total of 1,517 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $219. By the end of the year, inventory had decreased to 1,494 homes on the market (-1%), with a median home price of $395,000 (-1%) and an average price per square foot of $227 (+3%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had remained the same at 91 days.

South Dakota started the year with 21% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 25% of South Dakota homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that South Dakota started 2023 as a seller’s market, with an MAI score of 36; by the end of the year, the MAI had held steady at 36 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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