Call or Text (240) SELL-123

TEA, SD 57064

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

Market Analysis

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

The TEA, SD real estate market (57064) currently shows 99 active listings, with 21 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 135 days last year.

The median listing price has risen 4.6% year-over-year, from $367,900 to $384,825.

Whether you are buying or selling in TEA, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for TEA, SD 57064 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 7,240  ·  Density: 109.1/mi²  ·  Median household income: $99,597

Typical home value: $292,030  ·  Homeownership: 75.2%

Market Overview

Active Listings
99
⇧ 26.9% vs 78 last year
Pending
21
21% pending ratio
Median Price
$384,825
⇧ 4.6% vs $367,900 last year
Average Price
$426,822
⇧ 4.4% vs $408,901 last year
Days on Market
63
⇩ 53.3% vs 135 days last year

Price Per Square Foot

Median $/sqft
$259
⇧ 7.9% vs $240/sqft last year
Median Home Size
1,531 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 99 this year vs 78 last year
  • Days on market: 63 now vs 135 last year

Median & Average Pricing

Year over Year
  • Median: $384,825 (+4.6% YoY)
  • Average: $426,822 (+4.4% 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 20.8 miles — 744 listings ($386,612,268 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57064Tea, SD 570640.0 mi88$37,673,240$387,300$428,105
57015Chancellor, SD 570155.8 mi3$727,200$242,400$242,400
57105Sioux Falls, SD 571058.3 mi82$40,710,458$324,900$496,469
57032Harrisburg, SD 570329.7 mi68$33,856,248$447,450$497,886
57103Sioux Falls, SD 5710310.8 mi120$42,274,320$288,450$352,286
57033Hartford, SD 5703311.9 mi20$12,762,880$477,500$638,144
57110Sioux Falls, SD 5711013.4 mi262$156,372,866$495,175$596,843
57021Davis, SD 5702113.7 mi1$319,000$319,000$319,000
57055Renner, SD 5705516.1 mi2$2,129,900$1,064,950$1,064,950
57005Brandon, SD 5700517.2 mi81$44,872,056$438,650$553,976
57047Monroe, SD 5704717.6 mi0$0$525,000$525,000
57003Baltic, SD 5700320.3 mi11$12,304,952$737,450$1,118,632
51241Larchwood, IA 5124120.8 mi6$2,609,148$483,250$434,858

Frequently Asked Questions

How many homes are for sale in TEA, SD 57064?

As of March 2026, there are 99 active listings in TEA, SD (zip code 57064), compared to 78 the prior year.

What is the median home price in TEA, SD 57064?

The median listing price in TEA, SD 57064 is $384,825 as of March 2026, a 4.6% increase from $367,900 the prior year.

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

Homes in TEA, SD 57064 spend an average of 63 days on the market before going under contract, compared to 135 days the prior year.

Is it a seller's or buyer's market in TEA, SD 57064?

Based on current inventory and days-on-market data as of March 2026, TEA, SD 57064 is currently a Balanced Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 135 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TEA, SD 57064 save an estimated $7,697 compared to a typical 5% commission on the median listing price of $384,825. 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.