South Dakota’s Buy-Side Real Estate Market: Q1 2026 Analysis

South Dakota Market Snapshot: Q1 2026

South Dakota’s single-family market ran below the prior year’s supply pace every month of the first quarter of 2026, with the gap widening as the quarter progressed. Active inventory declined year-over-year throughout, falling from 2,018 homes in January to 1,962 in February before rising slightly to 2,097 in March, remaining well below the prior year at each point. Months of supply opened at 5.3 in January, 0.2 months below January 2025’s 5.5, then declined to 4.1 in February and 3.5 in March. The sharpest year-over-year divergence came in February, when Q1 2026 ran 1.2 months below Q1 2025’s 5.3. By quarter-end, the state sat firmly in seller-favorable territory at 3.5 months.

Median sale prices showed variability across the quarter. The median opened at $319,100 in January, rose to $334,700 in February, then pulled back to $326,100 in March. Days on market remained elevated throughout, at 77 days in January, 90 in February, and 82 in March. South Dakota’s high days-on-market figures are consistent with the deliberate pace of a lower-volume market where buyers take time even when supply is tightening.

Year-over-year comparisons show South Dakota’s Q1 2026 ran tighter than Q1 2025 on every metric that reflects supply conditions. Inventory declined 11.1 percent year-over-year by March, the largest sustained YoY inventory decline of any month in the quarter. Supply was 0.5 months below the prior year in March, extending a gap that had widened to 1.2 months in February. The median sale price declined 2.2 percent year-over-year in March, from $333,300 to $326,100, making South Dakota one of the few states in this series where prices softened year-over-year despite tightening supply. Days on market were 2 days shorter year-over-year in March, the only metric that improved relative to 2025.

South Dakota’s Top 25 Buyer’s Agents and Teams: Q1 2026 Rankings

Agent Pronto/CINC has ranked South Dakota’s top 25 buyer’s agents and teams based on total transaction volume in Q1 2026. This proprietary buy-side data reveals both high-volume operators and luxury specialists who dominate South Dakota’s diverse real estate market.

What the Data Shows

South Dakota’s top 25 reflects an accessible, low-volume market where modest transaction counts and modest price points define the rankings. Thirteen agents carry median prices under $500,000, eleven fall between $500,000 and $1 million, and one sits above $1 million. Closing counts range from 1 to 7, and total sold figures span from $0.7 million to $3.6 million, the narrowest dollar-volume range in this series. Gary Peot leads the rankings with 7 closings at a $427,000 median for $3.6 million in total volume. Carrie Mart (rank 4, 6 closings, $215,000 median) follows the same volume-first approach at a substantially lower price point, generating $1.4 million through six transactions near South Dakota’s entry-level price tier. Will Dixon (rank 5, 3 closings, $425,000 median) and the cluster of agents at ranks 6 through 15, each with 2 closings between $450,000 and $600,000, demonstrate how a small number of mid-market transactions can reach the top 25 in South Dakota’s low-threshold rankings environment.

Lori Barnett represents a distinct approach at rank 2, reaching the list with 2 closings at a $1.6 million median for $3.3 million in total volume. As the only agent in the rankings with a median above $1 million, Barnett’s $3.3 million total places her second overall despite a closing count matched by nearly every other agent in the list. TJ Wojtanowicz (rank 3, 2 closings, $938,000 median) occupies a similar position, pairing a near-$1 million median with two closings to generate $1.9 million in total volume. Among the single-transaction entries, Casey Raftevold (rank 16, 1 closing, $899,000 median), Daneen Jacquot Kulmala (rank 20, 1 closing, $775,000 median), and Renee Bisgaard (rank 23, 1 closing, $737,000 median) reach the rankings through a single well-priced transaction.

South Dakota’s top 25 spans median prices from $215,000 to $1.6 million and closing counts from 1 to 7. The dollar-volume threshold to reach rank 25 is $0.7 million, the lowest entry point in this series. In this environment, a single transaction above $700,000 or two closings at South Dakota’s accessible mid-market price points can produce a quarterly total sufficient for top-25 standing. The rankings reflect a small, attainable market where the gap between the highest and lowest totals is compact by national standards.

Conclusion

South Dakota’s first quarter of 2026 ran tighter than Q1 2025 every month, with inventory declining 11.1 percent year-over-year, months of supply ending 0.5 months below Q1 2025 at 3.5, and days on market improving 2 days year-over-year despite the tighter conditions. The top 25 buyer’s agents and teams closed 56 transactions across median prices ranging from $215,000 to $1.6 million. The list reflects one of the most accessible buy-side markets in this series, where low transaction counts, modest price points, and a narrow dollar-volume range make top-25 standing attainable through consistent production at South Dakota’s accessible price levels.

Data Sources:

Market Data: Provided by Redfin, a national real estate brokerage.

Buy-Side Transaction Data: Provided exclusively by Agent Pronto/CINC, the industry's leading source for buyer's agent and team performance intelligence. Agent Pronto/CINC aggregates buy-side transaction data nationwide to deliver comprehensive rankings and performance metrics.

Disclaimer: While Agent Pronto/CINC makes every effort to ensure data accuracy, rankings are based on available transaction records and may not capture all buy-side activity. Agents or teams not included in these rankings may have comparable or superior performance not reflected in our data sources.

Analysis Period: January 2026 - March 2026