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GAYVILLE, SD 57031

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

Market Analysis

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

The GAYVILLE, SD real estate market (57031) currently shows 4 active listings, with 1 pending sales. Homes are averaging 48 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 48 days on market compared to 64 days last year.

The median listing price has risen 139.4% year-over-year, from $130,500 to $312,400.

Whether you are buying or selling in GAYVILLE, 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: 766  ·  Density: 7.5/mi²  ·  Median household income: $61,875

Typical home value: $137,075  ·  Homeownership: 91.2%

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
1
25% pending ratio
Median Price
$312,400
⇧ 139.4% vs $130,500 last year
Average Price
$300,750
⇧ 130.5% vs $130,500 last year
Days on Market
48
⇩ 25% vs 64 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 23.4% vs $124/sqft last year
Median Home Size
2,299 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 48 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $312,400 (+139.4% YoY)
  • Average: $300,750 (+130.5% 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 30.1 miles — 183 listings ($66,035,953 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68774Saint Helena, NE 687746.0 mi1$277,900$277,900$277,900
57046Mission Hill, SD 570468.3 mi1$342,450$342,450$342,450
57069Vermillion, SD 5706910.2 mi32$10,747,808$340,825$335,869
57078Yankton, SD 5707813.6 mi79$28,556,920$342,950$361,480
68739Hartington, NE 6873917.2 mi7$3,417,750$459,500$488,250
68730Crofton, NE 6873019.1 mi11$4,076,699$293,725$370,609
57014Centerville, SD 5701420.4 mi6$1,622,250$313,750$270,375
57004Beresford, SD 5700424.4 mi18$7,744,410$279,900$430,245
57025Elk Point, SD 5702527.4 mi6$1,884,648$347,000$314,108
57001Alcester, SD 5700128.3 mi8$3,765,504$497,500$470,688
68732Dixon, NE 6873229.0 mi1$159,900$159,900$159,900
68745Laurel, NE 6874529.7 mi8$1,633,464$193,500$204,183
68770Ponca, NE 6877030.1 mi5$1,806,250$205,000$361,250

Frequently Asked Questions

How many homes are for sale in GAYVILLE, SD 57031?

As of June 2026, there are 4 active listings in GAYVILLE, SD (zip code 57031), compared to 1 the prior year.

What is the median home price in GAYVILLE, SD 57031?

The median listing price in GAYVILLE, SD 57031 is $312,400 as of June 2026, a 139.4% increase from $130,500 the prior year.

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

Homes in GAYVILLE, SD 57031 spend an average of 48 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in GAYVILLE, SD 57031?

Based on current inventory and days-on-market data as of June 2026, GAYVILLE, SD 57031 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 48 days on market compared to 64 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GAYVILLE, SD 57031 save an estimated $6,248 compared to a typical 5% commission on the median listing price of $312,400. 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.