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ELK POINT, SD 57025

Real Estate Market Report  ·  Union County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The ELK POINT, SD real estate market (57025) currently shows 12 active listings, with 3 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 76 days last year.

The median listing price has risen 12.4% year-over-year, from $352,450 to $396,175.

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Market Context

Market Context

Population: 3,063  ·  Density: 9.5/mi²  ·  Median household income: $85,985

Typical home value: $208,479  ·  Homeownership: 79.1%

Market Overview

Active Listings
12
⇧ 33.3% vs 9 last year
Pending
3
25% pending ratio
Median Price
$396,175
⇧ 12.4% vs $352,450 last year
Average Price
$362,830
⇧ 0.5% vs $360,894 last year
Days on Market
66
⇩ 13.2% vs 76 days last year

Price Per Square Foot

Median $/sqft
$137
⇩ 13.8% vs $159/sqft last year
Median Home Size
2,796 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 9 last year
  • Days on market: 66 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $396,175 (+12.4% YoY)
  • Average: $362,830 (+0.5% 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 25.1 miles — 139 listings ($57,308,100 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57025Elk Point, SD 570250.0 mi6$1,884,648$347,000$314,108
57010Burbank, SD 570109.5 mi3$1,715,175$571,725$571,725
51001Akron, IA 5100111.1 mi6$1,598,652$266,000$266,442
68757Newcastle, NE 6875712.8 mi1$399,000$399,000$399,000
57049North Sioux City, SD 5704916.2 mi31$19,116,274$535,000$616,654
57069Vermillion, SD 5706917.5 mi32$10,747,808$340,825$335,869
51038Merrill, IA 5103819.0 mi3$837,624$307,125$279,208
57001Alcester, SD 5700119.5 mi8$3,765,504$497,500$470,688
51108Sioux City, IA 5110820.2 mi10$5,746,510$322,000$574,651
68776South Sioux City, NE 6877621.7 mi21$7,361,634$391,225$350,554
51105Sioux City, IA 5110521.9 mi9$1,405,071$167,425$156,119
51023Hawarden, IA 5102323.0 mi7$2,272,200$230,725$324,600
51027Ireton, IA 5102725.1 mi2$458,000$229,000$229,000

Frequently Asked Questions

How many homes are for sale in ELK POINT, SD 57025?

As of September 2026, there are 12 active listings in ELK POINT, SD (zip code 57025), compared to 9 the prior year.

What is the median home price in ELK POINT, SD 57025?

The median listing price in ELK POINT, SD 57025 is $396,175 as of September 2026, a 12.4% increase from $352,450 the prior year.

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

Homes in ELK POINT, SD 57025 spend an average of 66 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in ELK POINT, SD 57025?

Based on current inventory and days-on-market data as of September 2026, ELK POINT, SD 57025 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELK POINT, SD 57025 save an estimated $7,924 compared to a typical 5% commission on the median listing price of $396,175. 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.