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LEMMON, SD 57638

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

Market Analysis

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

The LEMMON, SD real estate market (57638) currently shows 17 active listings, with 2 pending sales. Homes are averaging 214 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 214 days on market compared to 170 days last year.

The median listing price has fallen 9.9% year-over-year, from $164,250 to $148,000.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
17
⇧ 70% vs 10 last year
Pending
2
12% pending ratio
Median Price
$148,000
⇩ 9.9% vs $164,250 last year
Average Price
$161,507
⇩ 73.4% vs $607,672 last year
Days on Market
214
⇧ 25.9% vs 170 days last year

Price Per Square Foot

Median $/sqft
$101
⇧ 20.2% vs $84/sqft last year
Median Home Size
1,204 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 10 last year
  • Days on market: 214 now vs 170 last year

Median & Average Pricing

Year over Year
  • Median: $148,000 (-9.9% YoY)
  • Average: $161,507 (-73.4% 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 85.3 miles — 48 listings ($10,158,400 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57638Lemmon, SD 576380.0 mi16$2,564,688$148,000$160,293
58562New Leipzig, ND 5856235.4 mi1$110,000$110,000$110,000
57620Bison, SD 5762037.2 mi2$720,000$360,000$360,000
58533Elgin, ND 5853341.3 mi1$84,900$84,900$84,900
58650Regent, ND 5865043.0 mi3$645,000$215,000$215,000
58647New England, ND 5864756.6 mi3$750,000$250,000$250,000
58631Glen Ullin, ND 5863166.7 mi8$1,439,600$105,000$179,950
58652Richardton, ND 5865270.5 mi3$854,214$266,250$284,738
58655South Heart, ND 5865574.0 mi2$718,000$359,000$359,000
58656Taylor, ND 5865675.8 mi2$509,000$254,500$254,500
58563New Salem, ND 5856380.2 mi4$843,000$170,425$210,750
58622Belfield, ND 5862285.3 mi3$919,998$290,000$306,666

Frequently Asked Questions

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

As of March 2026, there are 17 active listings in LEMMON, SD (zip code 57638), compared to 10 the prior year.

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

The median listing price in LEMMON, SD 57638 is $148,000 as of March 2026, a 9.9% decrease from $164,250 the prior year.

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

Homes in LEMMON, SD 57638 spend an average of 214 days on the market before going under contract, compared to 170 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 March 2026, LEMMON, SD 57638 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 214 days on market compared to 170 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 $2,960 compared to a typical 5% commission on the median listing price of $148,000. 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.