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PLATTE, SD 57369

Real Estate Market Report  ·  Charles Mix County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PLATTE, SD real estate market (57369) currently shows 4 active listings, with 1 pending sales. Homes are averaging 168 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 168 days on market compared to 112 days last year.

The median listing price has fallen 9% year-over-year, from $349,000 to $317,500.

Whether you are buying or selling in PLATTE, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,671  ·  Density: 2.3/mi²  ·  Median household income: $62,049

Typical home value: $214,546  ·  Homeownership: 71.8%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$317,500
⇩ 9% vs $349,000 last year
Average Price
$275,167
⇩ 15.7% vs $326,333 last year
Days on Market
168
⇧ 50% vs 112 days last year

Price Per Square Foot

Median $/sqft
$90
⇩ 48% vs $173/sqft last year
Median Home Size
1,872 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 168 now vs 112 last year

Median & Average Pricing

Year over Year
  • Median: $317,500 (-9% YoY)
  • Average: $275,167 (-15.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 51.3 miles — 87 listings ($32,433,998 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57369Platte, SD 573690.0 mi4$1,110,668$325,000$277,667
57523Burke, SD 5752319.3 mi1$160,000$160,000$160,000
57533Gregory, SD 5753324.3 mi7$1,864,702$290,000$266,386
57370Pukwana, SD 5737028.6 mi2$434,000$217,000$217,000
57313Armour, SD 5731330.4 mi1$265,000$265,000$265,000
57367Pickstown, SD 5736733.2 mi2$1,224,000$612,000$612,000
57529Dallas, SD 5752934.2 mi0$0$112,500$112,500
57365Oacoma, SD 5736535.5 mi2$536,000$268,000$268,000
68777Spencer, NE 6877741.2 mi2$271,000$150,000$135,500
57382Wessington Springs, SD 5738245.6 mi5$1,497,000$273,500$299,400
57301Mitchell, SD 5730149.3 mi56$24,507,728$315,000$437,638
57366Parkston, SD 5736650.4 mi3$501,900$172,000$167,300
57359Letcher, SD 5735951.3 mi2$62,000$31,000$31,000

Frequently Asked Questions

How many homes are for sale in PLATTE, SD 57369?

As of February 2026, there are 4 active listings in PLATTE, SD (zip code 57369), compared to 3 the prior year.

What is the median home price in PLATTE, SD 57369?

The median listing price in PLATTE, SD 57369 is $317,500 as of February 2026, a 9% decrease from $349,000 the prior year.

How long do homes stay on the market in PLATTE, SD?

Homes in PLATTE, SD 57369 spend an average of 168 days on the market before going under contract, compared to 112 days the prior year.

Is it a seller's or buyer's market in PLATTE, SD 57369?

Based on current inventory and days-on-market data as of February 2026, PLATTE, SD 57369 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 168 days on market compared to 112 days last year.

How much can I save on real estate commission in PLATTE, SD?

With SELL123.com's maximum 3% commission, sellers in PLATTE, SD 57369 save an estimated $6,350 compared to a typical 5% commission on the median listing price of $317,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.