Tea, SD Real Estate Market Summary – September 8, 2026
The real estate market in Tea, SD, has seen a total of 7 homes sold recently, averaging a sale rate of approximately 1.63 per week. The average living area for these homes is around 1,717 square feet and they have an average sale price of $470,109.
| Metric | 30 Days |
|---|---|
| Number Sold | 7 |
| Sold Per Day | 1 every 4.29 days |
| Average SQFT | 1717 |
| Median Sales Price | $437,500 |
| Average Sales Price | $470,109 |
| Average Price Per SQFT | $278 |
| Average Days on Market | 18 |
| Average Year Built | 2021 |
Tea, SD Single Family Home Analysis
In the single-family segment, 6 homes were sold with an average living area of approximately 1,787 square feet. The average sale price in this category is $510,960, and homes typically spent around 19 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 6 |
| Sold Per Day | 1 every 5.00 days |
| Average SQFT | 1787 |
| Median Sales Price | $518,700 |
| Average Sales Price | $510,960 |
| Average Price Per SQFT | $295 |
| Average Days on Market | 19 |
| Average Year Built | 2022 |
Tea, SD Condo & Townhome Analysis
The condo and townhome segment saw 1 home sold, which had a living area of 1,293 square feet and an average sale price of $225,000. This property spent about 13 days on the market before the completion of the transaction.
| Metric | 30 Days |
|---|---|
| Number Sold | 1 |
| Sold Per Day | 1 every 30.00 days |
| Average SQFT | 1293 |
| Median Sales Price | $225,000 |
| Average Sales Price | $225,000 |
| Average Price Per SQFT | $174 |
| Average Days on Market | 13 |
| Average Year Built | 2015 |
Buyer & Seller Analysis
- 1 home sold every 4.29 days in total market
- Single-family homes sold at a pace of 1 every 5.00 days
- Condos and townhomes sold at a pace of 1 every 30.00 days
- Average days on market across all homes was 18 days
- State does not disclose sale prices.
Conclusion
Overall, the real estate market in Tea, SD, is characterized by a moderate volume of transactions. Buyers and sellers alike should be aware of the average living areas and pricing trends when considering options in this market.