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WESSINGTON SPRINGS, SD 57382

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

Market Analysis

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

The WESSINGTON SPRINGS, SD real estate market (57382) currently shows 3 active listings. Homes are averaging 107 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 107 days on market compared to 95 days last year.

The median listing price has risen 84.8% year-over-year, from $148,000 to $273,500.

Whether you are buying or selling in WESSINGTON 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 Context

Market Context

Population: 1,141  ·  Density: 1.0/mi²  ·  Median household income: $57,625

Typical home value: $120,809  ·  Homeownership: 81.2%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
0
0% pending ratio
Median Price
$273,500
⇧ 84.8% vs $148,000 last year
Average Price
$351,000
⇩ 14.2% vs $409,160 last year
Days on Market
107
⇧ 12.6% vs 95 days last year

Price Per Square Foot

Median $/sqft
$139
⇧ 26.4% vs $110/sqft last year
Median Home Size
2,352 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 107 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $273,500 (+84.8% YoY)
  • Average: $351,000 (-14.2% 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 54.6 miles — 71 listings ($20,677,001 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57382Wessington Springs, SD 573820.0 mi5$1,497,000$273,500$299,400
57385Woonsocket, SD 5738518.8 mi1$105,750$105,750$105,750
57355Kimball, SD 5735523.8 mi3$867,000$289,000$289,000
57359Letcher, SD 5735927.9 mi2$62,000$31,000$31,000
57350Huron, SD 5735033.1 mi32$8,108,704$228,500$253,397
57325Chamberlain, SD 5732535.1 mi13$4,629,521$329,250$356,117
57371Ree Heights, SD 5737137.9 mi1$75,000$75,000$75,000
57365Oacoma, SD 5736540.8 mi1$259,900$259,900$259,900
57369Platte, SD 5736945.6 mi4$1,100,668$317,500$275,167
57323Carthage, SD 5732347.8 mi1$199,000$199,000$199,000
57331Dimock, SD 5733151.1 mi1$153,000$153,000$153,000
57311Alexandria, SD 5731153.3 mi1$825,000$825,000$825,000
57349Howard, SD 5734954.6 mi6$2,794,458$327,400$465,743

Frequently Asked Questions

How many homes are for sale in WESSINGTON SPRINGS, SD 57382?

As of March 2026, there are 3 active listings in WESSINGTON SPRINGS, SD (zip code 57382), compared to 5 the prior year.

What is the median home price in WESSINGTON SPRINGS, SD 57382?

The median listing price in WESSINGTON SPRINGS, SD 57382 is $273,500 as of March 2026, a 84.8% increase from $148,000 the prior year.

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

Homes in WESSINGTON SPRINGS, SD 57382 spend an average of 107 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in WESSINGTON SPRINGS, SD 57382?

Based on current inventory and days-on-market data as of March 2026, WESSINGTON SPRINGS, SD 57382 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 107 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WESSINGTON SPRINGS, SD 57382 save an estimated $5,470 compared to a typical 5% commission on the median listing price of $273,500. 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.