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CHESTER, SD 57016

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CHESTER, SD real estate market (57016) currently shows 4 active listings, with 1 pending sales. Homes are averaging 109 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 109 days on market compared to 38 days last year.

The median listing price has fallen 19% year-over-year, from $879,000 to $711,725.

Whether you are buying or selling in CHESTER, 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: 704  ·  Density: 10.3/mi²  ·  Median household income: $89,602

Typical home value: $193,599  ·  Homeownership: 90.7%

Market Overview

Active Listings
4
vs 4 last year
Pending
1
25% pending ratio
Median Price
$711,725
⇩ 19% vs $879,000 last year
Average Price
$695,292
⇩ 24.5% vs $920,750 last year
Days on Market
109
⇧ 186.8% vs 38 days last year

Price Per Square Foot

Median $/sqft
$266
⇧ 3.5% vs $257/sqft last year
Median Home Size
2,986 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 109 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $711,725 (-19% YoY)
  • Average: $695,292 (-24.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.8 miles — 600 listings ($317,745,061 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57016Chester, SD 570160.0 mi3$2,355,576$801,625$785,192
57075Wentworth, SD 570757.4 mi11$9,795,599$729,900$890,509
57022Dell Rapids, SD 5702211.7 mi9$3,959,577$384,950$439,953
57024Egan, SD 5702415.4 mi2$347,500$173,750$173,750
57020Crooks, SD 5702016.0 mi12$5,299,368$347,450$441,614
57033Hartford, SD 5703318.8 mi20$12,762,880$477,500$638,144
57028Flandreau, SD 5702821.2 mi7$1,299,270$144,700$185,610
57104Sioux Falls, SD 5710423.5 mi101$36,431,811$249,900$360,711
57058Salem, SD 5705824.2 mi8$2,773,200$257,500$346,650
57071Volga, SD 5707126.3 mi2$764,900$382,450$382,450
57005Brandon, SD 5700527.7 mi81$44,872,056$438,650$553,976
57105Sioux Falls, SD 5710527.8 mi82$40,710,458$324,900$496,469
57110Sioux Falls, SD 5711028.8 mi262$156,372,866$495,175$596,843

Frequently Asked Questions

How many homes are for sale in CHESTER, SD 57016?

As of March 2026, there are 4 active listings in CHESTER, SD (zip code 57016), compared to 4 the prior year.

What is the median home price in CHESTER, SD 57016?

The median listing price in CHESTER, SD 57016 is $711,725 as of March 2026, a 19% decrease from $879,000 the prior year.

How long do homes stay on the market in CHESTER, SD?

Homes in CHESTER, SD 57016 spend an average of 109 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in CHESTER, SD 57016?

Based on current inventory and days-on-market data as of March 2026, CHESTER, SD 57016 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 109 days on market compared to 38 days last year.

How much can I save on real estate commission in CHESTER, SD?

With SELL123.com's maximum 3% commission, sellers in CHESTER, SD 57016 save an estimated $14,235 compared to a typical 5% commission on the median listing price of $711,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.