Housing in Richland, SD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — July 2025

Median Sale Price

$110,000

Median List Price

N/A

Price Per Sq Ft

$113

Days on Market

3

Active Inventory

N/A

Price Trends

Source: Redfin
Sale Price ↓ 40.5%Oct 24 → Jul 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

110.1%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold ↑ 0.0%Oct 24 → Jul 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$113

Sale $/SF ↑ 0.0%Oct 24 → Jul 25

Richland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Richland is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$206,800

Median Rent

N/A

Total Housing Units

43

Vacancy Rate

0.0%

Owner Occupied

58.1%

Renter Occupied

41.9%

Median Property Tax

$3,136

per year

Monthly Cost (w/ Mortgage)

$1,284

Housing Types

Single Family
74.4%
Multi-Family
25.6%
Mobile Home
0.0%

The current median sale price in Richland, SD is $110,000 according to Redfin data. Homes spend a median of 3 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $113. About 58.1% of housing units are owner-occupied. The median year homes were built is 1973. There are 43 total housing units.