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REE HEIGHTS, SD 57371

Real Estate Market Report  ·  Hand County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The REE HEIGHTS, SD real estate market (57371) currently shows 1 active listings. Homes are averaging 352 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 352 days on market compared to 198 days last year.

The median listing price has fallen 0% year-over-year, from $75,000 to $75,000.

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Market Context

Market Context

Population: 191  ·  Density: 0.3/mi²  ·  Median household income: $76,354

Typical home value: $0  ·  Homeownership: 46.0%

Market Overview

Active Listings
1
— vs 1 last year
Pending
0
0% pending ratio
Median Price
$75,000
— vs $75,000 last year
Average Price
$75,000
— vs $75,000 last year
Days on Market
352
⇧ 77.8% vs 198 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 352 now vs 198 last year

Median & Average Pricing

Year over Year
  • Median: $75,000 (+0% YoY)
  • Average: $75,000 (+0% 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 70.8 miles — 60 listings ($15,010,955 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57371Ree Heights, SD 573710.0 mi1$75,000$75,000$75,000
57345Highmore, SD 5734514.4 mi1$89,000$89,000$89,000
57382Wessington Springs, SD 5738238.0 mi5$1,497,000$273,500$299,400
57370Pukwana, SD 5737043.4 mi2$498,000$249,000$249,000
57365Oacoma, SD 5736543.8 mi1$259,900$259,900$259,900
57312Alpena, SD 5731244.9 mi1$189,900$189,900$189,900
57350Huron, SD 5735051.0 mi32$8,108,704$228,500$253,397
57385Woonsocket, SD 5738553.6 mi1$105,750$105,750$105,750
57465Northville, SD 5746556.0 mi1$125,000$125,000$125,000
57368Plankinton, SD 5736860.3 mi4$1,210,652$299,990$302,663
57442Gettysburg, SD 5744262.3 mi2$795,000$397,500$397,500
57359Letcher, SD 5735964.9 mi2$62,000$31,000$31,000
57451Ipswich, SD 5745170.8 mi7$1,995,049$209,500$285,007

Frequently Asked Questions

How many homes are for sale in REE HEIGHTS, SD 57371?

As of September 2026, there are 1 active listings in REE HEIGHTS, SD (zip code 57371), compared to 1 the prior year.

What is the median home price in REE HEIGHTS, SD 57371?

The median listing price in REE HEIGHTS, SD 57371 is $75,000 as of September 2026, a 0% increase from $75,000 the prior year.

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

Homes in REE HEIGHTS, SD 57371 spend an average of 352 days on the market before going under contract, compared to 198 days the prior year.

Is it a seller's or buyer's market in REE HEIGHTS, SD 57371?

Based on current inventory and days-on-market data as of September 2026, REE HEIGHTS, SD 57371 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 352 days on market compared to 198 days last year.

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

With SELL123.com's maximum 3% commission, sellers in REE HEIGHTS, SD 57371 save an estimated $1,500 compared to a typical 5% commission on the median listing price of $75,000. 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.