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Land Foreclosures in Alcester, SD 57001

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Alcester, SD Foreclosures

Current Market Conditions in in Alcester, SD As of March 2026?
In the past month, Alcester's housing market remained robust with a slight increase in home prices by about 2%. While inventory levels are still low, there have been signs of more listings coming to the market, providing potential buyers with more options. The demand continues to outweigh the supply, keeping the competitive nature of the market alive. Sellers are seeing quicker sales, and homes that are well-priced are receiving multiple offers, indicating strong buyer interest.
How much do homes sell for in Alcester, SD?
The average home price is currently $263,834.
What’s the average rental cost in Alcester, SD?
The average rental price in Alcester is $1,216.
What is the most expensive home in Alcester?
The most expensive home sold in Alcester had a price of $2,599,701.
What is currently the cheapest priced home in Alcester, SD?
The cheapest home for sale in Alcester is priced at $13,577.

Living in Alcester, SD

Alcester, South Dakota, is a quaint town known for its friendly community and rural charm. With a variety of local amenities, parks, and recreational activities, it provides a perfect backdrop for family life and outdoor pursuits. Located about 30 miles from Sioux Falls, Alcester combines the best of small-town living with convenient access to city features.

Buyer vs Seller Market in Alcester, SD

Alcester's real estate market has shown stable growth over the past year, characterized by a steady demand for single-family homes. The affordability of housing compared to neighboring areas continues to attract new residents, helping to sustain a healthy market atmosphere.

There is a shortage of available homes for sale in Alcester, making it a competitive market for buyers. The recent trends indicate a shift towards purchasing larger homes with outdoor spaces, as many buyers prioritize distancing and home offices due to changes in work habits.

Home Value Estimator For Alcester, SD

There are currently 646 real estate properties in Alcester, SD, with a median automated valuation model (AVM) price of $227,657.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alcester, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Alcester, SD, is $263,834.00, with the most expensive house in Alcester, SD, topping out at $2,599,701.00 and the cheapest home in Alcester, SD, clocking in at $13,577.00. In other words, there’s something for every potential homebuyer or savvy investor in Alcester, SD!

Rent Prices In Alcester, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alcester, SD, is on a rollercoaster ride. The average rent price in Alcester, SD, is $1,216.00. Indeed, when looking to rent in Alcester, SD, you can expect to pay as little as $770.00 or as much as $2,970.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Alcester, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Alcester, SD 57001 Land

Market Trend for Alcester, SD

Total Listings Available: 0

Market Values:

Home Prices from $13,577 to $2,599,701

Average Sales Price: $263,834

Rental Values:

Rental from $770 to $2,970

Average Rent Value: $1,216 / month

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