Housing in Tea, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$385,500
Median List Price
$385,800
Price Per Sq Ft
$188
Days on Market
231
Active Inventory
55
Months of Supply
7.9
Buyer's market
Zillow Home Value
$372,543
ZHVI — January 2026
Zillow Rent Index
$1,419
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
14.3%
Off Market in 2 Weeks
18.2%
Sale-to-List Ratio
99.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
17
Pending Sales
11
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$188
Median List $/SF
$277
Tea vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Tea 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
$305,300
Median Rent
$1,113
Total Housing Units
2,158
Vacancy Rate
5.0%
Owner Occupied
79.3%
Renter Occupied
20.7%
Median Property Tax
$3,712
per year
Monthly Cost (w/ Mortgage)
$1,676
Housing Types
The current median sale price in Tea, SD is $385,500 according to Redfin data. Homes spend a median of 231 days on the market. 14.3% of homes sold above asking price. The market has 7.9 months of supply. The median price per square foot is $188. Zillow's observed rent index is $1,419/month. About 79.3% of housing units are owner-occupied. The median year homes were built is 2002. There are 2,158 total housing units.