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Lake County, SD real estate

Compare top Lake County real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for September 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Lake County real estate Market Report.

Information and statistics on the latest trends in the Lake County real estate market. *

Latest Monthly Snapshot

July 2026

Median sale price
$354K
+26% from Jun '26
Median list price
$256K
-33% from Jun '26
Active listings
68
-2.9% from Jun '26
Homes sold
15
No change from Jun '26
New pendings
13
No change from Jun '26
New listings
12
-25% from Jun '26

Monthly Pricing Trends for Lake County

Monthly data for the latest available year.

Monthly Pricing Trends for Lake County Aug '25 Oct '25 Dec '25 Feb '26 Apr '26 Jun '26 Jul '26 Median sale price in August 2025: $236K Median sale price in September 2025: $372K Median sale price in October 2025: $252K Median sale price in November 2025: $240K Median sale price in December 2025: $206K Median sale price in January 2026: $132K Median sale price in February 2026: $250K Median sale price in March 2026: $268K Median sale price in April 2026: $341K Median sale price in May 2026: $368K Median sale price in June 2026: $282K Median sale price in July 2026: $354K Median list price in August 2025: $332K Median list price in September 2025: $295K Median list price in October 2025: $350K Median list price in November 2025: $252K Median list price in December 2025: $86K Median list price in January 2026: $260K Median list price in February 2026: $315K Median list price in March 2026: $343K Median list price in April 2026: $400K Median list price in May 2026: $421K Median list price in June 2026: $382K Median list price in July 2026: $256K August 2025 Median sale price $236K Median list price $332K September 2025 Median sale price $372K Median list price $295K October 2025 Median sale price $252K Median list price $350K November 2025 Median sale price $240K Median list price $252K December 2025 Median sale price $206K Median list price $86K January 2026 Median sale price $132K Median list price $260K February 2026 Median sale price $250K Median list price $315K March 2026 Median sale price $268K Median list price $343K April 2026 Median sale price $341K Median list price $400K May 2026 Median sale price $368K Median list price $421K June 2026 Median sale price $282K Median list price $382K July 2026 Median sale price $354K Median list price $256K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
52
Neutral Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026).

Inventory in Lake County has tightened compared with last year, with active listings down about one-fifth while homes sold have been cut roughly in half. At the same time, months of supply has climbed to around four months, much higher than a year ago, placing the area in a neutral market similar to South Dakota overall, which sits at 4.7 months of supply.

Pricing has been moving in different directions for sellers and buyers. Typical home values are up sharply year over year by nearly 40 percent, yet the median list price has fallen significantly over that period, suggesting sellers are adjusting asking prices even as closed sales skew higher.

Time on market highlights how differently homes are moving compared with last summer, with median days on market surging more than fourfold even though it has edged down from last month to about five weeks. With only about one in five homes selling above list and the average sale-to-list ratio hovering near 98 percent, both buyers and sellers can benefit from an Agent Pronto–recommended agent who understands these shifting conditions and can navigate pricing and negotiations effectively.



Learn more about what Lake County has to offer.

Lake County offers residents a warm, close-knit community, abundant outdoor recreation, strong schools, and reliable local services that support everyday life.

Lake County centers on practical livability, with Madison as its hub, a short drive from Sioux Falls and Brookings. Residents enjoy manageable commutes, reliable services, and easy access to health care, shopping, and daily essentials.

Life here revolves around lakes and open space. Lake Herman State Park and Walker’s Point Recreation Area offer year round fishing, boating, and trail access, with quiet shoreline neighborhoods nearby. Downtown Madison provides small city convenience with local dining, coffee, and community events, anchored by amenities like Madison Public Library and the City of Madison services. Families appreciate educational options through Madison Central School District and Dakota State University, which bring both learning and cultural activities to the area.

Daily living is straightforward. Groceries, hardware, and health clinics are close at hand, and regional employers keep job opportunities within reach. Outdoor enthusiasts can access additional recreation around Moody County and Miner County, while still coming home to quieter neighborhoods and lower traffic.

Whether you are relocating to your first home near the lake, selling an acreage outside Madison, or moving closer to schools and services, a local real estate expert can simplify each step. Agent Pronto connects buyers and sellers with Lake County agents who understand the market and can reduce stress from the first conversation to closing.

Find your Lake County real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“My husband was here in az, while I stayed back to get our house ready to sell in the other state. He was unfortunately dealing with an incompetent realtor at the time. I decided because we had not made any contracts with this person, that I would reach out to Lisa. With in a day or so she found my dream home and worked with my mortgage company to make this deal happen and never put pressure on me knowing I was by myself fixing and selling our home in another state. She noticed the roof on the house needed to be fixed after a disclosure from the seller and negotiated the new roof. She also looked into the solar and found out the solar was paid for, come to found out the seller and their realtor didn't even know. It was all the little things she was concerned about for us as her buyers that made us feel at ease. And she continues to support us with the house two weeks later making sure the solar was done right and even purchased batteries for the water system we have. Love her!!!”

Christi Wilkins · Surprise, AZ

Photo of Lisa Fowler
eXp Realty
“Julia helped us buy our home, and we’re so glad we worked with her! We really appreciated the little things she took the time to explain, like what to look out for with home insurance, how to handle property taxes, and when to check our builder’s warranty. Some of it was stuff we wouldn’t have even thought to ask about. There’s already so much to figure out when buying a house, so having someone looking out for us made a difference. She also made it clear that we could still reach out with questions after closing, which meant a lot. Thank you, Julia, for all your help with our new home! We’d definitely recommend working with her.”

JC Briones · Frisco, TX

Photo of Julia Cuellar
Exp realty
“After trying a different realtor and coming up dry, Brent was a cold drink on a hot Texas day. We are new to the DFW area, and we knew our house purchasing limits could make finding a house quite difficult. Brent listened to our situation and didn't hesitate to provide quality service, even if it meant we weren't going to bring him a substantial commission. We were especially thankful for his knowledge and thoroughness in writing up our first offer for a house (that we ended up not purchasing) and for including an option clause we didn't know we needed to ask for. The next day, we found a different house that was a better fit for our family and because of that option clause, we could make an offer on the second and, if accepted, pull out of the first house. We did, and Brent was there, helping us walk through the process the whole time. We appreciate his professionalism as well as his relatability. Highly, highly recommend working with him!”

Kayla Grey · Arlington, TX

Photo of Texas Elite Real Estate Group
Engel & Völkers NuHomeSource
“I had a great experience working with my real estate agent to sell my home. He made the entire process so much easier and was always there whenever I had questions or needed help. He kept me informed throughout the whole process, was professional, knowledgeable, and truly worked hard to get my house sold. Selling a home can be stressful, but having someone you trust guiding you through it makes such a difference. I really appreciated everything he did for me and would definitely recommend him to anyone looking to buy or sell a home!”

Jennifer Alexander · Indianapolis, IN

Photo of Robert VanHook
Century 21 Scheetz
“We bought and sold a home from Michelle and had her sell again. She provided excellent service for us every time!”

Elke Fitzsimmons Sorenson · New Braunfels, TX

Photo of Michelle Lundquist
Keller Williams Heritage
“Right from the very beginning, Shawnai was extremely respectful, attentive to our needs and wants, and eager to help find us the home for us. She displayed top notch professionalism, and willingness to work around our schedules. Often times later in the days, including Sunday's, which was critical for us to see many of the homes that came our way. Maintained a great attitude and kept our spirits up until the right home came our way. Will be recommending, absolutely great!”

Jesse Freeman · Pembroke, MA

Photo of Shawnai Matos
Century 21 Signature Properties
“Words seem inadequate to describe how grateful we were to have Susan as our realtor. She truly went above and beyond in every single aspect. As first time home buyers having someone who is trustworthy in your corner is priceless, and that is exactly what Susan was to us. Her work ethic is unmatched, no matter the time or day she was always responding to any questions we had, reaching out with updates, and making it feel like we were her one and only and most important client. I'm not sure if she ever takes a day off! The entire process of buying our first home will now forever remain as a positive and joyful memory for us, and we owe that to Susan.”

Jenna · New Smyrna Beach, FL

Photo of Susan Summers
Century 21 Sundance Realty
“Working with Tracy Thomas didn’t just feel like working with a real estate agent—it felt like having a trusted friend in our corner through one of the biggest moments of our lives. From our very first conversation, Tracy listened closely to what we actually wanted instead of just pushing listings our way. When the process got stressful or unexpected hurdles popped up, she kept us completely calm, explained every detail in plain English, and anticipated our next steps before we even had to ask. We truly wouldn't be in our dream home today without her care, patience, and dedication. Tracy is a realtor who treats you like family and goes above and beyond. Thank you for everything, Tracy. We look forward to working with you on other projects in the near future.”

Gina and Richard Atkinson · Ida, LA

Photo of Tracy Thomas
Century 21 United
“A pleasure working with her. She always kept me up to date. Was always available. Her attitude fantastic, always happy and smiling.”

Felix Martinez · Margate, FL

Photo of April Gordon
Realty 100
“Excellent marketing skills and advertisements”

Shameer Ali · Orlando, FL

Photo of Merly Esgro
LPT Realty
“If we could give Seb and Dariusz more than five stars, we would! We’ve known Seb for years through the Air Force, where he retired as a Chief from our career field, so choosing him when we PCS’d to San Antonio was a no-brainer. They were amazing throughout the entire process. One thing that really stood out was discovering that the greenbelt we thought would remain behind our new home could eventually have a road running through it. We never would have known to look for that, but they made sure we had all the information so WE could decide if it was a deal breaker. It never felt like they just wanted to close a sale. Dariusz was constantly on top of paperwork, appointments, and keeping everything moving. He even went down the rabbit hole researching home warranty companies for us! We absolutely LOVE our new home and would recommend Seb and Dariusz all day long!”

Chrystal McDonough · Schertz, TX

Photo of Formica Group at eXp Realty
Formica Group Brokered by eXp Realty
“Lynn has been so helpful to us every time we have had her help us move, which has been the last 4 moves we have made. We wouldn't want anyone else helping us. We would certainly recommend her to anyone going through the moving process.”

Jim and Mary Clegg · Meridian, ID

Photo of Lynn Moore
RE/MAX Executives
“Our estate home in Scripps Ranch, San Diego was on the market with another realtor from March through June this year We really liked that realtor, but the home did not sell External economic conditions made it very difficult to sell homes in Scripps Ranch priced in the 1.8 to $2,000,000 category We had known Chad since before our home went on the market, but did not choose him as the listing agent initially After our contract with our agent expired, we had Chad list our home, and he sold it in 10 days! His professionalism, sensitivity to our needs, and market understanding are absolutely second to none Chad connected us with his corporate EXP marketing network and conducted all showings and communication with prospective buyers and agents personally In addition to being a licensed real estate agent, Chad is a certified financial planner with an MBA in business We're happy to recommend Chad without reservation and are confident he will perform exceptionally for you and he has for us”

Joel Siegel · San Diego, CA

Photo of Chad Basinger
eXp Realty of Southern California, Inc.
“We are so pleased with the exceptional service provided by Jerry . He is very professional and is easily excessible. He sold our home in 2 days. He is honest , trustworthy and straightforward. We would highly recommend him and will use him again in the future!”

Ann · Colden, NY

Photo of Jerrold Thompson II
Century 21 Gold Standard
“Danica was knowledgeable and extremely helpful. I was a first time buyer, and she walked me through it all. If I do it again , I will be going back to her.”

Brigitte Hall · Streator, IL

Photo of Danica Rist
eXp Realty LLC
“She worked hard to get the job done.”

Corvin Davis · Elgin, SC

Photo of Dee Dee Jant
eXp Realty
“She has assisted me with 3 properties in the Upstate area, she is fast with communication, professional, and knowledgeable about her career. Thankful to be working with her on so many projects, hopefully there are more in the future.”

Tamara York-Tallman · Anderson, SC

Photo of The Wonderland Land Team
eXp Realty LLC SC
“We have past experience with Suzanne Gwaltney and trust her implicitly. She is the GO TO for this area, she is so good at accessing what you are looking for and at helping you to find it. We absolutely love her!”

Kathryn Hitchcock · Oriental, NC

Photo of Suzanne & Larry Gwaltney
Century 21 Sail / Loft Realty
“Kathy was great. She was always available and was awesome when it came to negotiating prices for my home. She offered great advice and helped me with upgrades my home needed. She was knowledgeable and helped me find a home that met all my needs. I highly recommended Kathy as a realtor.”

Karen Fair · Canton, MI

Photo of Kathy Schaumburger
eXp Realty
“Loved working with her! She was very knowledgeable and helpful. We would definitely recommend her to anyone that asks for an excellent realtor.”

Ronnette DePriest · Temple, TX

Photo of Cherri Hill
Century 21 Randall Morris & Associates

Frequently Asked Questions

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 Lake 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.