Call or Text (240) SELL-123

LEMMON, SD 57638

Real Estate Market Report  ·  Perkins County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇧ 36.4% vs 11 last year
Pending
3
20% pending ratio
Median Price
$134,000
⇩ 4.3% vs $140,000 last year
Average Price
$160,923
⇩ 71.2% vs $558,494 last year
Days on Market
164
⇩ 33.3% vs 246 days last year

Market Context

Population: 1,910  ·  Density: 0.7/mi²  ·  Median household income: $49,861

Typical home value: $91,992  ·  Homeownership: 79.8%

Market Analysis

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

The LEMMON, SD real estate market (57638) currently shows 15 active listings, with 3 pending sales. Homes are averaging 164 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 164 days on market compared to 246 days last year.

The median listing price has fallen 4.3% year-over-year, from $140,000 to $134,000.

Whether you are buying or selling in LEMMON, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LEMMON, SD 57638 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 11 last year
  • Days on market: 164 now vs 246 last year

Median & Average Pricing

Year over Year
  • Median: $134,000 (-4.3% YoY)
  • Average: $160,923 (-71.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 85.3 miles — 42 listings ($8,885,746 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57638Lemmon, SD 576380.0 mi15$2,413,845$134,000$160,923
58562New Leipzig, ND 5856235.4 mi1$110,000$110,000$110,000
57620Bison, SD 5762037.2 mi3$1,080,000$360,000$360,000
58533Elgin, ND 5853341.3 mi2$169,800$84,900$84,900
58653Scranton, ND 5865346.9 mi1$87,500$87,500$87,500
58631Glen Ullin, ND 5863166.7 mi6$1,246,560$105,000$207,760
58652Richardton, ND 5865270.5 mi3$845,001$220,000$281,667
58655South Heart, ND 5865574.0 mi2$718,000$359,000$359,000
58656Taylor, ND 5865675.8 mi2$400,000$200,000$200,000
58563New Salem, ND 5856380.2 mi4$855,040$189,900$213,760
58622Belfield, ND 5862285.3 mi3$960,000$320,000$320,000

Frequently Asked Questions

How many homes are for sale in LEMMON, SD 57638?

As of January 2026, there are 15 active listings in LEMMON, SD (zip code 57638), compared to 11 the prior year.

What is the median home price in LEMMON, SD 57638?

The median listing price in LEMMON, SD 57638 is $134,000 as of January 2026, a 4.3% decrease from $140,000 the prior year.

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

Homes in LEMMON, SD 57638 spend an average of 164 days on the market before going under contract, compared to 246 days the prior year.

Is it a seller's or buyer's market in LEMMON, SD 57638?

Based on current inventory and days-on-market data as of January 2026, LEMMON, SD 57638 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 164 days on market compared to 246 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEMMON, SD 57638 save an estimated $2,680 compared to a typical 5% commission on the median listing price of $134,000. 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.