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ALPENA, SD 57312

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

Market Analysis

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

The ALPENA, SD real estate market (57312) currently shows 1 active listings. Homes are averaging 6 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 6 days on market compared to 12 days last year.

The median listing price has risen 160.1% year-over-year, from $73,000 to $189,900.

Whether you are buying or selling in ALPENA, 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: 673  ·  Density: 2.0/mi²  ·  Median household income: $85,208

Typical home value: $108,419  ·  Homeownership: 88.8%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$189,900
⇧ 160.1% vs $73,000 last year
Average Price
$189,900
⇧ 160.1% vs $73,000 last year
Days on Market
6
⇩ 50% vs 12 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 6 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (+160.1% YoY)
  • Average: $189,900 (+160.1% 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
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 52.3 miles — 48 listings ($15,085,185 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57312Alpena, SD 573120.0 mi1$189,900$189,900$189,900
57384Wolsey, SD 5738416.2 mi2$499,800$249,900$249,900
57382Wessington Springs, SD 5738217.3 mi5$1,497,000$273,500$299,400
57353Iroquois, SD 5735329.7 mi1$169,900$169,900$169,900
57323Carthage, SD 5732333.0 mi1$199,000$199,000$199,000
57362Miller, SD 5736238.6 mi10$3,171,760$249,975$317,176
57231De Smet, SD 5723141.5 mi7$2,288,636$324,900$326,948
57375Stickney, SD 5737544.1 mi1$189,900$189,900$189,900
57278Willow Lake, SD 5727846.5 mi1$239,000$239,000$239,000
57321Canova, SD 5732147.3 mi1$99,900$99,900$99,900
57311Alexandria, SD 5731148.8 mi1$825,000$825,000$825,000
57374Spencer, SD 5737449.5 mi4$1,085,868$259,900$271,467
57325Chamberlain, SD 5732552.3 mi13$4,629,521$329,250$356,117

Frequently Asked Questions

How many homes are for sale in ALPENA, SD 57312?

As of June 2026, there are 1 active listings in ALPENA, SD (zip code 57312), compared to 1 the prior year.

What is the median home price in ALPENA, SD 57312?

The median listing price in ALPENA, SD 57312 is $189,900 as of June 2026, a 160.1% increase from $73,000 the prior year.

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

Homes in ALPENA, SD 57312 spend an average of 6 days on the market before going under contract, compared to 12 days the prior year.

Is it a seller's or buyer's market in ALPENA, SD 57312?

Based on current inventory and days-on-market data as of June 2026, ALPENA, SD 57312 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 6 days on market compared to 12 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALPENA, SD 57312 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. 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.