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VALLEY SPRINGS, SD 57068

Real Estate Market Report  ·  Minnehaha County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
0
0% pending ratio
Median Price
$399,900
⇩ 9.9% vs $443,850 last year
Average Price
$508,300
⇧ 11.7% vs $454,890 last year
Days on Market
100
⇧ 85.2% vs 54 days last year

Market Context

Population: 1,666  ·  Density: 13.9/mi²  ·  Median household income: $106,908

Typical home value: $219,077  ·  Homeownership: 84.0%

Market Analysis

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

The VALLEY SPRINGS, SD real estate market (57068) currently shows 3 active listings. Homes are averaging 100 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 100 days on market compared to 54 days last year.

The median listing price has fallen 9.9% year-over-year, from $443,850 to $399,900.

Whether you are buying or selling in VALLEY SPRINGS, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 100 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $399,900 (-9.9% YoY)
  • Average: $508,300 (+11.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.9 miles — 640 listings ($319,059,736 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57068Valley Springs, SD 570680.0 mi3$1,524,900$399,900$508,300
56138Hills, MN 561386.2 mi3$973,350$324,450$324,450
57110Sioux Falls, SD 571107.5 mi241$136,265,497$492,800$565,417
57103Sioux Falls, SD 5710310.3 mi98$35,953,260$284,000$366,870
57030Garretson, SD 5703011.3 mi8$4,448,104$366,400$556,013
57108Sioux Falls, SD 5710812.6 mi213$104,907,612$362,200$492,524
57055Renner, SD 5705513.8 mi3$3,219,900$1,090,000$1,073,300
56156Luverne, MN 5615614.7 mi29$7,871,412$237,450$271,428
57003Baltic, SD 5700317.3 mi10$11,179,600$625,000$1,117,960
57020Crooks, SD 5702018.1 mi11$5,008,443$350,000$455,313
56144Jasper, MN 5614419.2 mi3$513,978$173,977$171,326
56134Hardwick, MN 5613419.8 mi4$1,079,600$269,900$269,900
57013Canton, SD 5701320.9 mi14$6,114,080$274,500$436,720

Frequently Asked Questions

How many homes are for sale in VALLEY SPRINGS, SD 57068?

As of January 2026, there are 3 active listings in VALLEY SPRINGS, SD (zip code 57068), compared to 6 the prior year.

What is the median home price in VALLEY SPRINGS, SD 57068?

The median listing price in VALLEY SPRINGS, SD 57068 is $399,900 as of January 2026, a 9.9% decrease from $443,850 the prior year.

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

Homes in VALLEY SPRINGS, SD 57068 spend an average of 100 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in VALLEY SPRINGS, SD 57068?

Based on current inventory and days-on-market data as of January 2026, VALLEY SPRINGS, SD 57068 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 54 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VALLEY SPRINGS, SD 57068 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. 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.