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Cheapest Land in South Dakota: Why Oglala Lakota County Offers the Best Price Per Acre (2025 Data)

Find the cheapest land in South Dakota per acre. Explore why Oglala Lakota County offers unbeatable prices with updated 2025 data and current listings.
Cheapest Land in South Dakota: Why Oglala Lakota County Offers the Best Price Per Acre (2025 Data)

Oglala Lakota County Land Prices: $1,543 Per Acre (2025 Analysis)

In South Dakota, land prices can vary significantly from one county to another. On average, an acre of land in South Dakota costs $66,164. However, if you're looking for the most affordable option, Oglala Lakota County stands out as the cheapest at $1,543 per acre.

In contrast, Minnehaha County is the most expensive with an average price of $262,942 per acre. This report will guide you through the land market in Oglala Lakota County, including current listings, market demand, and appreciation trends.

Price comparison chart

Current Cheap Land Listings in Oglala Lakota County (Updated Mar 2025)

As of Mar 05, 2025, there are 0 active listings in Oglala Lakota County with the cheapest price per acre.

Market Demand Analysis for Oglala Lakota County

  • Active Listings: 0
  • Pending Sales: 0
  • Sold (Last 12 months): 2
  • Total Listings: 2
  • Turnover Ratio: 0.0%

The turnover ratio (number of sold listings / number of active listings) in Oglala Lakota County is 0%, which is lower the state average of 59%. This indicates that land in Oglala Lakota County is less in demand compared to other parts of the state.

Turnover ratio chart

Relative to the number of parcels, land in Oglala Lakota County is more in demand than the state average of 0.10%. Here's a table showing the number of parcels, sold listings, and ratio for Oglala Lakota County and the top 3 counties:

County Parcels Sold Listings Sold/Parcel Ratio
Oglala Lakota County 1,510 2 0.13%
Lawrence County 21,824 144 0.66%
Fall River County 11,266 68 0.60%
Custer County 13,098 56 0.43%

Land Parcel Analysis

Relative to the number of parcels, land in Oglala Lakota County is more in demand than the state average of 0.10%. Here's how Oglala Lakota County's land market activity compares to the state average:

  • Total Land Parcels in Oglala Lakota County: 1,510
  • Percentage of Parcels Sold (Last 12 months): 0.13%
  • State Average Percentage Sold: 0.10%

How Quickly Does Land Sell in Oglala Lakota County?

  • Land in Oglala Lakota County sells faster than the state average.
  • Median Days on Market in Oglala Lakota County: 48 days
  • State Average: 191 days

This means that when land is listed for sale in Oglala Lakota County, it typically takes 48 days to find a buyer.

Days on Market comparison

Best Land Brokers and Realtors in Oglala Lakota County

If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Oglala Lakota County who have sold the most land in South Dakota over the last 12 months.

Broker Phone Transactions Total Volume Avg DOM
Great Peaks Realty 605-717-7325 49 $7,604,798 344 days
Specialty Properties 605-341-1997 9 $5,974,822 207 days
Keller Williams Realty Black Hills Sp 605-343-7500 28 $5,649,400 223 days
Hegg, Realtors Inc 605-336-2100 47 $5,612,510 300 days
Shippy Realty And Auction 605-842-3212 12 $5,544,250 111 days
Specialty Properties 39 $5,437,010 209 days
Century 21 Investment Realtors 605-225-7179 8 $5,307,634 77 days
Heartland Real Estate 605-745-6772 31 $4,439,250 117 days
Keller Williams Realty Sioux Falls 605-275-0555 29 $4,355,800 156 days
Black Hills Sd Realty 605-791-2249 10 $4,226,400 207 days

Source

Data from this article comes from the LandScraper Platform.

The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.

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