Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Hazel, SD. There are 2 discounted homes for sale in Hazel, SD we think you'll love.
Hazel, SD is a small rural market near Watertown with lake recreation access, agricultural surroundings, and provided market data showing a $342,179 median home value and $1,120 median rent as of 2026-05-14.
There are currently 145 real estate properties in Hazel, SD, with a median automated valuation model (AVM) price of $398,390.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hazel, 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 Hazel, SD, is $399,402.00, with the most expensive house in Hazel, SD, topping out at $1,218,756.00 and the cheapest home in Hazel, SD, clocking in at $92,792.00. In other words, there’s something for every potential homebuyer or savvy investor in Hazel, SD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hazel, SD, is on a rollercoaster ride. The average rent price in Hazel, SD, is $1,148.00. Indeed, when looking to rent in Hazel, SD, you can expect to pay as little as $720.00 or as much as $1,900.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Hazel, 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.
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