51Alpha

Pennington County, SD Housing Market Brief

county · SD · as of May 2026

Balanced

What is Pennington County, SD’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+6.161
Inventory Health25%
+11.751
Affordability20%
18
Economic Strength20%
74
Rental Yield15%
51

Where is Pennington County, SD in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Pennington County, SD is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Pennington County, SD housing market data

MetricValueYoY
Median Sale Price$370K▲ +2.4%
Median Days on Market61 days-9%
Months of Supply3.8-17.4%
Homes for Sale602-11.2%
Homes Sold160▲ +8.1%
Median Price / Sq Ft$215▲ +4.5%
Sale-to-List Ratio98.6%-0.2%

How has Pennington County, SD’s Alpha Score moved?

Now: 51
3-period trend
Median sale price · 12 mo

Markets like Pennington County, SD

Frequently asked questions

Is Pennington County, SD a buyer's or seller's market?

As of May 2026, Pennington County, SD is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Pennington County, SD?

The median sale price in Pennington County, SD is $370K, having risen 2.4% over the past year.

How affordable is Pennington County, SD?

Pennington County, SD scores 18 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Pennington County, SD's Alpha Score?

Pennington County, SD's strongest dimension is Economic Strength (74/100) and its weakest is Affordability (18/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Pennington County, SD? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.