Housing in Lake Norden, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — October 2025Median Sale Price
$97,900
Median List Price
N/A
Price Per Sq Ft
$78
Days on Market
373
Active Inventory
2
Months of Supply
2.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
81.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$78
Lake Norden vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Norden is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$201,400
Median Rent
$956
Total Housing Units
272
Vacancy Rate
5.9%
Owner Occupied
65.6%
Renter Occupied
34.4%
Median Property Tax
$1,848
per year
Monthly Cost (w/ Mortgage)
$889
Housing Types
The current median sale price in Lake Norden, SD is $97,900 according to Redfin data. Homes spend a median of 373 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $78. The median rent is $956 per month (Census ACS). About 65.6% of housing units are owner-occupied. The median year homes were built is 1963. There are 272 total housing units.