Lake County, SD Housing Market Brief
county · SD · as of May 2026
What is Lake 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.
Where is Lake County, SD in its market cycle?
Lake 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.
Lake County, SD housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $368K | ▲ +18% |
| Median Days on Market | 153 days | ▲ +173.2% |
| Months of Supply | 7.9 | ▲ +9.7% |
| Homes for Sale | 55 | ▼ -15.4% |
| Homes Sold | 7 | ▼ -22.2% |
| Median Price / Sq Ft | $179 | ▲ +18% |
| Sale-to-List Ratio | 94.8% | ▼ -2.4% |
How has Lake County, SD’s Alpha Score moved?
Markets like Lake County, SD
Frequently asked questions
Is Lake County, SD a buyer's or seller's market?
As of May 2026, Lake 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 Lake County, SD?
The median sale price in Lake County, SD is $368K, having risen 18% over the past year.
How affordable is Lake County, SD?
Lake County, SD scores 36 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Lake County, SD's Alpha Score?
Lake County, SD's strongest dimension is Economic Strength (62/100) and its weakest is Affordability (36/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Lake County, SD? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.