Data as of September 2026. Source: Realtor.com.
The DE SMET, SD real estate market (57231) currently shows 14 active listings, with 1 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 92 days on market compared to 46 days last year.
The median listing price has fallen 24.1% year-over-year, from $229,900 to $174,600.
Population: 1,733 · Density: 2.7/mi² · Median household income: $70,625
Typical home value: $177,340 · Homeownership: 80.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57231 | De Smet, SD 57231 | 0.0 mi | 7 | $2,288,636 | $324,900 | $326,948 |
| 57353 | Iroquois, SD 57353 | 12.5 mi | 1 | $169,900 | $169,900 | $169,900 |
| 57221 | Bryant, SD 57221 | 17.3 mi | 1 | $249,900 | $249,900 | $249,900 |
| 57214 | Badger, SD 57214 | 20.3 mi | 0 | $0 | $169,900 | $169,900 |
| 57248 | Lake Norden, SD 57248 | 23.9 mi | 7 | $2,528,036 | $319,875 | $361,148 |
| 57241 | Hayti, SD 57241 | 28.6 mi | 3 | $958,350 | $319,450 | $319,450 |
| 57071 | Volga, SD 57071 | 31.7 mi | 2 | $764,900 | $382,450 | $382,450 |
| 57042 | Madison, SD 57042 | 34.8 mi | 40 | $20,299,160 | $410,000 | $507,479 |
| 57223 | Castlewood, SD 57223 | 36.6 mi | 3 | $851,949 | $245,250 | $283,983 |
| 57243 | Henry, SD 57243 | 37.9 mi | 1 | $184,900 | $184,900 | $184,900 |
| 57075 | Wentworth, SD 57075 | 40.2 mi | 11 | $9,795,599 | $729,900 | $890,509 |
| 57385 | Woonsocket, SD 57385 | 42.1 mi | 1 | $105,750 | $105,750 | $105,750 |
| 57359 | Letcher, SD 57359 | 43.4 mi | 2 | $62,000 | $31,000 | $31,000 |
As of September 2026, there are 14 active listings in DE SMET, SD (zip code 57231), compared to 13 the prior year.
The median listing price in DE SMET, SD 57231 is $174,600 as of September 2026, a 24.1% decrease from $229,900 the prior year.
Homes in DE SMET, SD 57231 spend an average of 92 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DE SMET, SD 57231 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in DE SMET, SD 57231 save an estimated $3,492 compared to a typical 5% commission on the median listing price of $174,600. 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.