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County Overview

Lake County, SD

Aggregate real estate market report across county ZIPs
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Lake County, SD real estate market currently shows 80 active listings, with 18 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 45 days last year.

The median listing price has risen 2.8% year-over-year, from $447,475 to $459,900.

Whether you are buying or selling in Lake County, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,403  ·  Density: 13.1/mi²  ·  Median household income: $76,829

Typical home value: $217,573  ·  Homeownership: 72.9%

Included Areas

Chester: 57016

Madison: 57042

Nunda: 57050

Ramona: 57054

Rutland: 57057

Wentworth: 57075

Winfred: 57076

Area Map

Market Overview

Active Listings
80
⇧ 8.1% vs 74 last year
Pending
18
23% pending ratio
Median Price
$459,900
⇧ 2.8% vs $447,475 last year
Average Price
$595,945
⇩ 5.3% vs $629,508 last year
Days on Market
35
⇩ 22.2% vs 45 days last year

Price Per Square Foot

Median $/sqft
$255
⇧ 7.1% vs $238/sqft last year
Median Home Size
2,079 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 12.5% vs 0.1% last year
Price Increased
0%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %