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.
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.
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.
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.