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Condo Foreclosures in Garretson, SD

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Garretson, SD Foreclosures

Current Market Conditions in in Garretson, SD As of April 2026?
Over the past month, the Garretson real estate market has seen a notable increase in inventory, leading to more options for prospective buyers. With a slight drop in average home prices due to increased supply, many buyers are taking advantage of the current market conditions. This shift has allowed buyers greater negotiating power, which has led to homes selling slightly below asking prices on average than they did in the previous months.
How much do homes sell for in Garretson, SD?
The average home price is currently $482,613.
In Garretson, SD, how many homes are available?
There are currently 3 active home listings available in Garretson.
What’s the average rental cost in Garretson, SD?
The average rental price in Garretson is $1,516.
What is the most expensive home in Garretson?
The most expensive home sold in Garretson had a price of $3,474,803.
What is currently the cheapest priced home in Garretson, SD?
The cheapest home for sale in Garretson is priced at $50,593.

Living in Garretson, SD

Garretson is a charming small town located in southeastern South Dakota known for its picturesque landscapes and strong sense of community. With its friendly atmosphere and vibrant local businesses, it offers a tranquil lifestyle amidst stunning natural surroundings, including the nearby Palisades State Park. Residents enjoy a mix of outdoor recreational activities and a close-knit community feel that makes Garretson a great place to live.

Buyer vs Seller Market in Garretson, SD

The real estate market in Garretson currently favors buyers, with a variety of homes available at competitive prices. Many families are drawn to the area due to its affordability and charming community vibes, making it a popular choice for young professionals and retirees alike.

Recent statistics indicate that the number of homes sold has increased by 15% over the past quarter, suggesting a revitalization in the local economy and a growing interest in the area. Property values have remained relatively stable, indicating a solid investment potentially.

Home Value Estimator For Garretson, SD

There are currently 1,027 real estate properties in Garretson, SD, with a median automated valuation model (AVM) price of $425,384.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garretson, 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 Garretson, SD, is $482,613.00, with the most expensive house in Garretson, SD, topping out at $3,474,803.00 and the cheapest home in Garretson, SD, clocking in at $50,593.00. In other words, there’s something for every potential homebuyer or savvy investor in Garretson, SD!

Rent Prices In Garretson, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garretson, SD, is on a rollercoaster ride. The average rent price in Garretson, SD, is $1,516.00. Indeed, when looking to rent in Garretson, SD, you can expect to pay as little as $800.00 or as much as $2,300.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Garretson, 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.

Garretson, SD Condos

Market Trend for Garretson, SD

Total Listings Available: 3

Market Values:

Home Prices from $50,593 to $3,474,803

Average Sales Price: $482,613

Rental Values:

Rental from $800 to $2,300

Average Rent Value: $1,516 / month

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