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PARKSTON, SD 57366

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PARKSTON, SD real estate market (57366) currently shows 5 active listings, with 1 pending sales. Homes are averaging 123 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 taking longer to sell, averaging 123 days on market compared to 80 days last year.

The median listing price has fallen 26.2% year-over-year, from $235,900 to $174,000.

Whether you are buying or selling in PARKSTON, 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: 2,728  ·  Density: 4.8/mi²  ·  Median household income: $73,625

Typical home value: $158,515  ·  Homeownership: 74.5%

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
1
20% pending ratio
Median Price
$174,000
⇩ 26.2% vs $235,900 last year
Average Price
$174,053
⇩ 50.1% vs $348,633 last year
Days on Market
123
⇧ 53.8% vs 80 days last year

Price Per Square Foot

Median $/sqft
$117
⇧ 30% vs $90/sqft last year
Median Home Size
1,520 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 123 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $174,000 (-26.2% YoY)
  • Average: $174,053 (-50.1% 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
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 37.2 miles — 39 listings ($11,118,090 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57366Parkston, SD 573660.0 mi4$650,052$166,475$162,513
57334Ethan, SD 5733411.1 mi1$1,200,000$1,200,000$1,200,000
57059Scotland, SD 5705920.2 mi3$189,375$63,125$63,125
57313Armour, SD 5731321.7 mi1$265,000$265,000$265,000
57029Freeman, SD 5702923.5 mi5$1,530,375$314,700$306,075
57328Corsica, SD 5732825.3 mi3$1,674,801$359,900$558,267
57315Avon, SD 5731527.6 mi5$506,335$99,000$101,267
57375Stickney, SD 5737529.5 mi1$189,900$189,900$189,900
57374Spencer, SD 5737430.7 mi4$1,085,868$259,900$271,467
57356Lake Andes, SD 5735633.4 mi2$634,900$317,450$317,450
57367Pickstown, SD 5736736.4 mi4$1,918,832$534,250$479,708
57368Plankinton, SD 5736836.7 mi4$1,210,652$299,990$302,663
57359Letcher, SD 5735937.2 mi2$62,000$31,000$31,000

Frequently Asked Questions

How many homes are for sale in PARKSTON, SD 57366?

As of March 2026, there are 5 active listings in PARKSTON, SD (zip code 57366), compared to 2 the prior year.

What is the median home price in PARKSTON, SD 57366?

The median listing price in PARKSTON, SD 57366 is $174,000 as of March 2026, a 26.2% decrease from $235,900 the prior year.

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

Homes in PARKSTON, SD 57366 spend an average of 123 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in PARKSTON, SD 57366?

Based on current inventory and days-on-market data as of March 2026, PARKSTON, SD 57366 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 80 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PARKSTON, SD 57366 save an estimated $3,480 compared to a typical 5% commission on the median listing price of $174,000. 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.