53Alpha

Pennington County, SD Housing Market Brief

county · SD · as of July 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%
61
Inventory Health25%
53
Affordability20%
26
Economic Strength20%
73
Rental Yield15%
54

Where is Pennington County, SD in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Pennington County, SD?

Our model forecasts Pennington County, SD’s home prices to rise about 1.7% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

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%

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

Now: 53
12-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 July 2026, Pennington County, SD is classified as a Balanced Market, based on its Alpha Score of 53 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 26 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 (73/100) and its weakest is Affordability (26/100). 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.