Housing in Summerset, SD

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$420,000

Median List Price

$517,500

Price Per Sq Ft

$176

Days on Market

44

Active Inventory

20

Months of Supply

20.0

Buyer's market

Zillow Home Value

$416,529

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 17.6%List Price 21.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

96.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

11

Pending Sales

2

Homes Sold 75.0%New Listings 83.3%Pending 80.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$176

Median List $/SF

$204

Sale $/SF 21.8%List $/SF 3.6%Mar 24Jan 26

Summerset vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Summerset 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

$337,900

Median Rent

$1,233

Total Housing Units

1,048

Vacancy Rate

1.2%

Owner Occupied

80.6%

Renter Occupied

19.4%

Median Property Tax

$4,028

per year

Monthly Cost (w/ Mortgage)

$1,787

Housing Types

Single Family
78.2%
Multi-Family
13.2%
Mobile Home
8.7%

The current median sale price in Summerset, SD is $420,000 according to Redfin data. Homes spend a median of 44 days on the market. 0.0% of homes sold above asking price. The market has 20.0 months of supply. The median price per square foot is $176. The median rent is $1,233 per month (Census ACS). About 80.6% of housing units are owner-occupied. The median year homes were built is 2007. There are 1,048 total housing units.