Redfield, SD Foreclosures
Current Market Conditions in in Redfield, SD As of March 2026?
In the past month, the Redfield real estate market has experienced a slight uptick in property inquiries and showings, particularly for modest family homes and properties with land. This indicates a growing trend among buyers looking for more space and a quieter lifestyle away from urban areas. While inventory remains limited, the interest has prompted some sellers to enter the market, possibly leading to a more competitive environment moving forward.
How much do homes sell for in Redfield, SD?
The average home price is currently $203,934.
In Redfield, SD, how many homes are available?
There are currently 1 active home listings available in Redfield.
What’s the average rental cost in Redfield, SD?
The average rental price in Redfield is $944.
What is the most expensive home in Redfield?
The most expensive home sold in Redfield had a price of $4,536,700.
What is currently the cheapest priced home in Redfield, SD?
The cheapest home for sale in Redfield is priced at $46,000.
Living in Redfield, SD
Redfield, SD, is a charming small town in Spink County with a close-knit community and a strong agricultural foundation. It offers various outdoor activities, quality education, and essential amenities. Residents enjoy a peaceful lifestyle along with the natural beauty of surrounding areas.
Buyer vs Seller Market in Redfield, SD
The real estate market in Redfield is characterized by affordability and a variety of property types, including single-family homes, apartments, and farms. Due to its small-town charm and affordability, many families and retirees are attracted to the area, helping to maintain a stable market. Home prices are generally lower than the national average, making it an appealing option for first-time buyers or those looking for investment properties.
Currently, the market is seeing a slight increase in demand, especially for homes with larger plots of land as more people prioritize space and outdoor access, particularly since the onset of the pandemic.
Home Value Estimator For Redfield, SD
There are currently 1,188 real estate properties
in Redfield, SD,
with a median automated valuation model (AVM) price
of $148,875.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Redfield, 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 Redfield, SD,
is $203,934.00, with the most expensive house
in Redfield, SD, topping out
at $4,536,700.00 and the cheapest home
in Redfield, SD,
clocking in at $46,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Redfield, SD!
Rent Prices
In Redfield, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Redfield, SD, is on
a rollercoaster ride. The
average rent price in Redfield, SD,
is $944.00. Indeed, when looking to rent in
Redfield, SD, you can expect to pay as little
as $460.00 or as much
as $2,000.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Redfield, 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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