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NEMO, SD 57759

Real Estate Market Report  ·  Lawrence County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NEMO, SD real estate market (57759) currently shows 3 active listings, with 2 pending sales. Homes are averaging 65 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 selling faster, averaging 65 days on market compared to 68 days last year.

The median listing price has fallen 11.5% year-over-year, from $774,000 to $685,000.

Whether you are buying or selling in NEMO, 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: 338  ·  Density: 2.4/mi²  ·  Median household income: $166,111

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
2
67% pending ratio
Median Price
$685,000
⇩ 11.5% vs $774,000 last year
Average Price
$685,000
⇩ 7% vs $736,500 last year
Days on Market
65
⇩ 4.4% vs 68 days last year

Price Per Square Foot

Median $/sqft
$251
⇩ 18.2% vs $307/sqft last year
Median Home Size
2,733 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: 65 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $685,000 (-11.5% YoY)
  • Average: $685,000 (-7% 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 50.6 miles — 554 listings ($406,989,340 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57759Nemo, SD 577590.0 mi3$1,990,500$663,500$663,500
57718Black Hawk, SD 577189.6 mi28$15,850,688$485,700$566,096
57702Rapid City, SD 5770215.6 mi144$150,041,952$650,000$1,041,958
57745Hill City, SD 5774518.4 mi7$8,140,300$998,000$1,162,900
57793Whitewood, SD 5779320.6 mi18$11,856,762$421,000$658,709
57783Spearfish, SD 5778325.1 mi86$65,969,654$671,175$767,089
57719Box Elder, SD 5771928.3 mi76$31,192,072$383,674$410,422
57703Rapid City, SD 5770329.4 mi120$49,397,160$377,788$411,643
57730Custer, SD 5773034.4 mi38$34,816,360$805,500$916,220
57762Nisland, SD 5776236.9 mi1$234,500$234,500$234,500
57744Hermosa, SD 5774440.4 mi6$8,361,000$887,500$1,393,500
82729Sundance, WY 8272942.4 mi14$24,563,406$645,000$1,754,529
57760Newell, SD 5776050.6 mi13$4,574,986$210,000$351,922

Frequently Asked Questions

How many homes are for sale in NEMO, SD 57759?

As of March 2026, there are 3 active listings in NEMO, SD (zip code 57759), compared to 5 the prior year.

What is the median home price in NEMO, SD 57759?

The median listing price in NEMO, SD 57759 is $685,000 as of March 2026, a 11.5% decrease from $774,000 the prior year.

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

Homes in NEMO, SD 57759 spend an average of 65 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in NEMO, SD 57759?

Based on current inventory and days-on-market data as of March 2026, NEMO, SD 57759 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 65 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEMO, SD 57759 save an estimated $13,700 compared to a typical 5% commission on the median listing price of $685,000. 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.