Sturgis, SD Home Values & Market Trends

Real estate market trends reflect that there have been 19 transactions over the past year in Sturgis. The median value for residential home transactions that occurred over the previous year is $286,036.51. The number of current listings in Sturgis is 27, and the percentage of properties for sale in the city is 27.00%. Sturgis, SD currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 27 properties for sale.

Sturgis, SD Real Estate Market Overview

ZipMedian Est. Value
57785

$ 283,000

$ 152/sqft

Housing Market Summary for Sturgis, SD

Apr 2023March 2024Change
Median Listing Price$379K$285K-24.80%
Median Sold Price$319.8K$285K-10.88%
Homes For Sale2625-3.85%
Homes Sold165-68.75%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sturgis, SD

Sturgis home values range from $49,000 to $1,257,000. The median estimated value of a home in Sturgis is $286,036.51. The median list price of a home is 385,000, and the total count of properties in the city is 4,049.

Foreclosure
There is 1 zips within Sturgis, SD; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Sturgis, SD with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Sturgis, SD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sturgis, SD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sturgis, SD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Sturgis, SD. There is 1 zips within Sturgis, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Sturgis, SD. Auction homes and other auction properties account for 0% of all properties in Sturgis, SD. There is 1 zips within Sturgis, SD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.67% of residential properties in Sturgis, SD with 57785 containing 27 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sturgis, SD; homes for sale in that zips, have a range of median values from $813,000 in 57785 to the lowest value of $108,000 in 57785.
    Sold Homes
    The median value for recently sold homes ranges from $360,000 in 57785 to the lowest price of $219,000 in 57785. There is 1 zips within Sturgis, SD. 57785 has 5 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.12% of properties in Sturgis, SD.

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      Guide for Sturgis, SD

      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Home Buying Guides & Tips
      South Dakota Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      South Dakota Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Dakota Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Sturgis, SD

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