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NEMO, SD 57759

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

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
1
33% pending ratio
Median Price
$785,000
⇩ 21.3% vs $998,000 last year
Average Price
$754,750
⇩ 20.1% vs $945,200 last year
Days on Market
30
⇩ 78.9% vs 142 days last year

Market Context

Population: 338  ·  Density: 2.4/mi²  ·  Median household income: $166,111

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The NEMO, SD real estate market (57759) currently shows 3 active listings, with 1 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30 days on market compared to 142 days last year.

The median listing price has fallen 21.3% year-over-year, from $998,000 to $785,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 30 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $785,000 (-21.3% YoY)
  • Average: $754,750 (-20.1% 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 49.6 miles — 522 listings ($373,581,034 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57759Nemo, SD 577590.0 mi3$2,264,250$785,000$754,750
57718Black Hawk, SD 577189.6 mi19$9,455,711$449,000$497,669
57702Rapid City, SD 5770215.6 mi137$131,607,680$610,000$960,640
57745Hill City, SD 5774518.4 mi9$8,610,210$832,500$956,690
57793Whitewood, SD 5779320.6 mi14$9,932,034$525,000$709,431
57783Spearfish, SD 5778325.1 mi78$58,001,346$619,000$743,607
57719Box Elder, SD 5771928.3 mi81$31,967,865$369,900$394,665
57703Rapid City, SD 5770329.4 mi119$50,940,687$388,400$428,073
57730Custer, SD 5773034.4 mi40$34,624,960$662,000$865,624
57762Nisland, SD 5776236.9 mi2$765,666$299,000$382,833
57744Hermosa, SD 5774440.4 mi4$6,680,000$965,000$1,670,000
82729Sundance, WY 8272942.4 mi15$28,030,725$650,000$1,868,715
82710Aladdin, WY 8271049.6 mi1$699,900$699,900$699,900

Frequently Asked Questions

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

As of January 2026, there are 3 active listings in NEMO, SD (zip code 57759), compared to 6 the prior year.

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

The median listing price in NEMO, SD 57759 is $785,000 as of January 2026, a 21.3% decrease from $998,000 the prior year.

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

Homes in NEMO, SD 57759 spend an average of 30 days on the market before going under contract, compared to 142 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 January 2026, NEMO, SD 57759 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 142 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 $15,700 compared to a typical 5% commission on the median listing price of $785,000. 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.