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City-owned Homes And Land in Summerset, SD 57718

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Summerset, SD Foreclosures

Current Market Conditions in in Summerset, SD As of April 2026?
Over the past month, Summerset's real estate market has seen a slight uptick in listings, reflecting ongoing interest from buyers. However, inventory remains relatively low, which has maintained upward pressure on home prices. Average days on market have decreased, indicating a faster turnover of properties and increasing competition among prospective buyers.
How much do homes sell for in Summerset, SD?
The average home price is currently $395,139.
In Summerset, SD, how many homes are available?
There are currently 2 active home listings available in Summerset.
What’s the average rental cost in Summerset, SD?
The average rental price in Summerset is $1,608.
What is the most expensive home in Summerset?
The most expensive home sold in Summerset had a price of $2,670,454.
What is currently the cheapest priced home in Summerset, SD?
The cheapest home for sale in Summerset is priced at $34,669.

Living in Summerset, SD

Summerset, South Dakota, is a picturesque community nestled in the Black Hills, offering a blend of outdoor adventure and suburban tranquility. With its close-knit atmosphere, excellent schools, and easy access to Rapid City, it attracts families and outdoor enthusiasts alike. Experience a peaceful lifestyle surrounded by nature, yet within reach of city conveniences.

Buyer vs Seller Market in Summerset, SD

The real estate market in Summerset remains competitive, with a steady demand for family homes and properties suitable for retirees. The area is seeing an increase in housing developments, driven by the appeal of the Black Hills as a desirable destination for relocation.

Current trends indicate a rise in property values, as more buyers realize the benefits of residing in a scenic locale like Summerset. The market offers a variety of options, appealing to both first-time homebuyers and those looking to downsize.

Home Value Estimator For Summerset, SD

There are currently 1,023 real estate properties in Summerset, SD, with a median automated valuation model (AVM) price of $398,768.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerset, 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 Summerset, SD, is $395,139.00, with the most expensive house in Summerset, SD, topping out at $2,670,454.00 and the cheapest home in Summerset, SD, clocking in at $34,669.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerset, SD!

Rent Prices In Summerset, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerset, SD, is on a rollercoaster ride. The average rent price in Summerset, SD, is $1,608.00. Indeed, when looking to rent in Summerset, SD, you can expect to pay as little as $1,120.00 or as much as $2,360.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Summerset, 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.

Summerset, SD 57718 City-owned Homes And Land


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