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Information and statistics on the latest trends in the Fall River County real estate market. *
July 2026
Monthly data for the latest available year.
Monthly supply and activity totals for the latest available year.
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026).
Fall River County has seen a sharp year-over-year jump in typical home values, up about 104 percent, well above the statewide gain of roughly 3 percent. Median list prices are also more than 30 percent higher than a year ago, pointing to significantly loftier seller expectations. At the same time, homes are taking much longer to sell, with median days on market surging compared with last year.
In the latest month of July 2026, the typical home value stood around $448,000, while the median list price was about $372,000. Compared with June, sale prices climbed steeply and pending sales doubled, yet closed sales fell and new listings dropped, hinting at a smaller pool of available homes but more buyers committing to contracts.
Inventory conditions are very different from the state as a whole, with Fall River County sitting at roughly 15.5 months of supply versus about 4.7 months across South Dakota, which reflects a neutral but inventory-rich local market. Homes are spending a median of 83 days on the market, and none of the recent sales closed above the asking price, with an average sale-to-list ratio just under 95 percent. With these shifting dynamics for both pricing and time to sell, buyers and sellers in Fall River County can benefit from Agent Pronto’s help in finding an experienced local agent to guide their moves.
Fall River County offers residents a welcoming small-town atmosphere, abundant outdoor recreation, and reliable local services that together create a high quality of life.
Fall River County offers a distinctly quieter, more open experience than nearby Black Hills hubs like Rapid City or Custer County. Centered around Hot Springs, it blends small town familiarity with easy access to major regional destinations and outdoor recreation.
Residents appreciate daily life that still feels personal. The historic sandstone downtown of Hot Springs features local businesses and the popular Evans Plunge Mineral Springs, while nearby Fall River communities provide more rural acreage and ranch properties. Families value the local school system, including Hot Springs School District, and the strong presence of the VA Black Hills Health Care System Hot Springs Campus.
Outdoor enthusiasts find year round options at Angostura Recreation Area, Wind Cave National Park, and on hiking and biking routes connected to the southern Black Hills. Community life centers on local events, from county fairs to gatherings at the Mueller Civic Center.
Because the market here includes everything from historic sandstone homes to lake cabins and working ranches, timing and preparation matter. Whether you are planning to relocate, purchase a second home, or sell long held property, the right local agent can help you read subtle market shifts and prepare a strong strategy. Agent Pronto connects both buyers and sellers with Fall River County professionals who understand the community and its opportunities.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Very professional and knowledgeable realtor. Excellent communication, honest advice, and great service. He was helpful, friendly, and always made sure everything was explained clearly. Highly recommended!””
“In my over thirty years dealing with real estate, this was the most challenging sale I have had to deal with. I am thankfull I had Thomas Noelke there, on my side, to help weather the storm. I think a less experienced realtor would have quit and ran. Thomas stood his ground until it was finally over.”
“kurt was fantasic in showing me this house, he was very help,kept me informed and negotiated the price down. kurt is a wonderful realitor, I appreciate the help he provided me.”
“I cannot say enough wonderful things about Kelly, both as a realtor and as a dear friend. She helped sell our home during one of the most difficult and emotional life seasons, and I am incredibly grateful for the compassion, professionalism, integrity, and grace she showed throughout the entire process. Kelly is truly stellar at what she does. She knows the market, understands current trends, and knows how to strategically position a home to create interest and negotiating power. She communicated openly and consistently and navigated a sensitive situation with such care and professionalism. What makes Kelly so special is the genuine heart she brings to her work. She combines incredible knowledge and expertise with kindness, patience, and compassion. Having someone I trusted so deeply beside me during such a significant life transition meant more than I can say. I wholeheartedly recommend Kelly. She truly goes above and beyond, and I am so grateful for her!”
“Renee is a true professional! She helped us through the complicated process of selling our home while we were out of state. She was always available in a timely manner to answer all our questions and concerns, even through our separate time zones. She was also always helpful in finding us any connections we needed from landscapers, home cleaning, and HVAC services. We 1000% would recommend her to anyone who needs help buying or selling a home.”
“Despite the property being a unique one, Kathy went above and beyond to market and make it visible to as many eyes and other realtors as possible. Even though it took a little longer than planned, everything worked out great and we got it sold!”
“Brandi Oakes was terrific to work with. She was thorough and went above and beyond in communication. Our experience in buying a house with her our as agent was wonderful. We are looking forward in continuing to work with her on the sale of our current house. If and when we ever decide to move again we will definitely be contacting her. We would highly recommend Brandi Oakes as an agent because she genuinely cares and makes the whole process easy.”
“I highly recommend Jennifer. We first met her when we bought our house in Colorado. We also sold our house with her. Without going into detail she did alot more than anyone should of had to do. We have remained friends and will always will be. Even without living in the same state she is always here for us.”
“Bobby Stephens was everything we could have asked for in a realtor. He was extremely knowledgeable, detail-oriented, and, most importantly, provided great advice on the "worth-it" factor of homes we looked at. We never fel pressured to buy something we didn't love, and Bobby always gave unbiased opinions. Thanks!”
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”
“Ed was extremely helpful, courteous, and communicative throughout the entire process. He consistently kept me informed and made sure I was up to date every step of the way. I highly recommend Ed for his professionalism, promptness, and attentiveness. He was always responsive to my specific needs and went above and beyond to ensure everything was handled smoothly. His excellent customer service and dedication were truly appreciated.”
“Jordan was right there the whole way. It was a long journey for our family. We had to wait to sell the house for various reasons, but Jordan was with us as we prepared. I always felt like she knew our unique situation, while also being in tune with the market in the area and the larger real estate trends and issues. Her being there with answers to questions and great connections for people to address issues that came up helped us more than I can find words for. Besides being personally connected, she was also honest and forthright with reality all along the way. It was refreshing and reassuring. I would highly recommend Jordan for anyone looking to have a positive experience selling a home.”
“Always a pleasure to work with Jacki, we have done several deals in the past and look forward to working with her in future...”
“Peter went above and beyond our expectations. He was responsive, informational, generous, and thoughtful. We feel very lucky to have had such a positive experience purchasing a cottage property. Can't recommend using a Peter's services more!”
“Great experience found and closed on the right home. Easy to do business with. Went out of her way to show homes.”
“I'm so grateful and thankful for Diana Thomas and her value not only as a real estate representative of Century 21, but as a personal friend. She could not have been more helpful or informative, addressing every concern and things that I didn't know I needed to know. She took care of me and it was just a wonderful experience!!!! 1-10 excellent rating -- 100”
“Shelley is the absolute best realtor. Kind, caring and known every way.”
“Awesome with a capital A. She goes above and beyond.”
“Had a great experience working with Nael. He was incredibly helpful throughout the whole process, from finding the right place to negotiating and guiding me through everything along the way. He was always responsive, knowledgeable, and on top of things whenever I needed something. Really appreciated all his help and would definitely recommend him.”
“As a first time homebuyer, Joy made the process for us extremely smooth and easy. She was easy to communicate with, always a phone call or text away. I would recommend her any day! Joy is the best hands down! It was truly a blessing working with her throughout the entire process.”
There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Fall River County. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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