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City-owned Homes And Land in Lead, SD

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Lead, SD Foreclosures

How much do homes sell for in Lead, SD?
The average home price is currently $394,425.
In Lead, SD, how many homes are available?
There are currently 7 active home listings available in Lead.
What’s the average rental cost in Lead, SD?
The average rental price in Lead is $1,291.
What is the most expensive home in Lead?
The most expensive home sold in Lead had a price of $8,727,235.
What is currently the cheapest priced home in Lead, SD?
The cheapest home for sale in Lead is priced at $26,739.

Living in Lead, SD

Lead, South Dakota is a historic town situated in the scenic Black Hills. Known for its rich mining history, the area offers numerous outdoor activities such as hiking, biking, and skiing. With a friendly community atmosphere and access to cultural attractions, Lead is an inviting place for both families and individuals.

Current Market Conditions in Lead, SD

The real estate market in Lead has recently seen a shift towards a seller's market due to growing demand for housing in this picturesque area. With low inventory and an influx of buyers looking for vacation homes or a peaceful lifestyle, prices are expected to continue appreciating very slightly in the coming months.

Single-family homes are becoming increasingly sought after, especially those with easy access to nature trails and amenities. Average home prices have risen, but several affordable properties are still available for first-time buyers. The rental market is also robust, given the area's popularity among tourists.

Home Value Estimator For Lead, SD

There are currently 2,287 real estate properties in Lead, SD, with a median automated valuation model (AVM) price of $276,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lead, 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 Lead, SD, is $394,425.00, with the most expensive house in Lead, SD, topping out at $8,727,235.00 and the cheapest home in Lead, SD, clocking in at $26,739.00. In other words, there’s something for every potential homebuyer or savvy investor in Lead, SD!

Rent Prices In Lead, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lead, SD, is on a rollercoaster ride. The average rent price in Lead, SD, is $1,291.00. Indeed, when looking to rent in Lead, SD, you can expect to pay as little as $700.00 or as much as $3,040.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Lead, 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.

Lead, SD City-owned Homes And Land


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