Tea, SD Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Tea. The median value for residential home transactions that occurred over the previous year is $389,500. The number of current listings in Tea is 12, and the percentage of properties for sale in the city is 12.00%. Tea, SD currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 12 properties for sale.

Tea, SD Real Estate Market Overview

ZipMedian Est. Value
57064

$ 484,000

$ 157/sqft

Housing Market Summary for Tea, SD

Apr 2023March 2024Change
Median Listing Price$475K$0-100.00%
Median Sold Price$0$0-
Homes For Sale513160.00%
Homes Sold00-
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Tea, SD

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Browse Homes in Tea, SD

Tea home values range from $128,000 to $966,000. The median estimated value of a home in Tea is $389,500. The median list price of a home is 405,450, and the total count of properties in the city is 2,147.

Foreclosure
There is 1 zips within Tea, SD; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 57064 to the lowest value of $0 in 57064. Foreclosure homes account for 0.00% of properties in Tea, SD with 57064 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Tea, SD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Tea, SD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Tea, SD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Tea, SD. There is 1 zips within Tea, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    57064 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Tea, SD. Auction homes and other auction properties account for 0.05% of all properties in Tea, SD. There is 1 zips within Tea, SD; of that zips, the median estimated home value for homes going to auction ranges from $0 in 57064 to the lowest value of $0 in 57064.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in Tea, SD with 57064 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Tea, SD; homes for sale in that zips, have a range of median values from $484,000 in 57064 to the lowest value of $484,000 in 57064.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 zips within Tea, SD. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Tea, SD.

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      Guide for Tea, SD

      Market Reports
      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Home Buying Guides & Tips
      South Dakota Foreclosure Laws
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      See More Articles
      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports|posted 25 April 2024

      Pierre, SD’s real estate market has seen significant fluctuations, with diverse property types and values. Despite a lack of sales data hindering trend analysis, listed prices and values provide insight into market activity.

      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      South Dakota Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Dakota Foreclosure Laws

      A home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Recently Listed Homes Tea, SD

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