Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 6% from one year earlier, and up 26% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 89%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold increased 20% year-over-year, and increased 200% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Clay County, SD
Area Information for Clay County, SD
Population:14,367
Median Age:25.21 yr
Median Commute Time:15 mins
Educational Climate*:3
Sales Tax:0%
Population Density:34/sq mi
Population Change Since 2000:6.13%
Closest Airport:Sioux Gateway/brig General Bud Day Field
Closest College:University Of South Dakota
Closest Jr. College:St Lukes College
Median Household Income:$54,877
Annual Residential Turnover:0%
Median Home Sales Price:$205,000
Closest Major Sports Team:Omaha Storm Chasers (aaa)
Change Avg. Household Income Since 2000:111.57%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Clay County, SD
Median Age: 25.21Married: 32%Number of Households: 5,326Households with Children: 1,269
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.