Lemmon, SD Foreclosures
Current Market Conditions in in Lemmon, SD As of April 2026?
Over the past month, Lemmon has experienced slight fluctuations in home prices, with a modest increase in interest and activity. Local real estate agents report an uptick in showings and inquiries, suggesting an active market as buyers continue to recognize the benefits of moving to a smaller, community-centered town.
How much do homes sell for in Lemmon, SD?
The average home price is currently $157,965.
In Lemmon, SD, how many homes are available?
There are currently 1 active home listings available in Lemmon.
What’s the average rental cost in Lemmon, SD?
The average rental price in Lemmon is $1,057.
What is the most expensive home in Lemmon?
The most expensive home sold in Lemmon had a price of $714,100.
What is currently the cheapest priced home in Lemmon, SD?
The cheapest home for sale in Lemmon is priced at $37,560.
Living in Lemmon, SD
Lemmon, South Dakota is a charming small town known for its tight-knit community and beautiful landscapes. It is situated in the northwestern part of the state, close to the border with North Dakota. Lemmon offers a blend of rural life with modern amenities, making it an inviting destination for families and individuals seeking tranquility and outdoor adventures.
Buyer vs Seller Market in Lemmon, SD
The real estate market in Lemmon has seen a steady increase in demand, with several homes being renovated and more out-of-state buyers showing interest. This trend indicates a growing appreciation for the small-town lifestyle combined with scenic views and outdoor activities.
In recent months, particularly post-pandemic, people are seeking larger living spaces and quieter environments, which has contributed to the rising prices in Lemmon's real estate market. However, prices still remain affordable compared to larger urban areas.
Home Value Estimator For Lemmon, SD
There are currently 691 real estate properties
in Lemmon, SD,
with a median automated valuation model (AVM) price
of $122,207.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lemmon, 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 Lemmon, SD,
is $157,965.00, with the most expensive house
in Lemmon, SD, topping out
at $714,100.00 and the cheapest home
in Lemmon, SD,
clocking in at $37,560.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lemmon, SD!
Rent Prices
In Lemmon, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lemmon, SD, is on
a rollercoaster ride. The
average rent price in Lemmon, SD,
is $1,057.00. Indeed, when looking to rent in
Lemmon, SD, you can expect to pay as little
as $560.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Lemmon, 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.
Learn more on Foreclosure homes
