South Dakota foreclosures and housing market
How foreclosure works in South Dakota, which counties lean to buyers or sellers, and how many homes are for sale right now.
How's the market in South Dakota?
A balanced market.
Listings spent about 64 days on the market, and 15% had a price cut in October 2026.
Market figures: Realtor.com® Economic Research, October 2026. Free weekly email. Unsubscribe anytime.
Distressed properties in South Dakota
Pre-foreclosures, auctions, bank-owned and HUD homes from county notices, with the street area instead of the house number.
Representative photoWe are not tracking properties in South Dakota yet
Our property list covers a handful of counties so far. Leave your email for the free weekly brief, and we will note that you want property alerts for South Dakota.
The closest place we track is Utah, with 128 properties.
The South Dakota market in October 2026
Our score compares how many listings went under contract with how many were for sale, ranked against every US county. Low scores lean to buyers, high scores to sellers.
South Dakota market score
- Homes for sale
- 3,490
- US: 1,179,101
- Typical days on market
- 64
- US: 66
- Listings with a price cut
- 15%
- US: 21%
- Homes for sale vs pre-pandemic
- −9%
- US: −7%
- October 2026 vs the October average for 2017 to 2019.
Market score by county
Check any countyGray counties had too few listings to score. Tap a county for its full answer.
Most buyer-friendly counties
Lowest scores among counties with 50+ homes for sale.
- 0Brown County47 days on market · 20% with a price cut · 86 for sale
- 1Davison County48 days on market · 15% with a price cut · 72 for sale
- 7Union County56 days on market · 17% with a price cut · 82 for sale
- 8Clay County79 days on market · 19% with a price cut · 56 for sale
- 19Lawrence County93 days on market · 19% with a price cut · 241 for sale
Most seller-friendly counties
Highest scores among counties with 50+ homes for sale.
- 90Brookings County67 days on market · 11% with a price cut · 75 for sale
- 68Meade County68 days on market · 17% with a price cut · 100 for sale
- 65Minnehaha County52 days on market · 15% with a price cut · 891 for sale
- 60Pennington County55 days on market · 16% with a price cut · 530 for sale
- 56Yankton County93 days on market · 23% with a price cut · 73 for sale
Source: Realtor.com® Economic Research, October 2026 county data. County days on market are medians. State and US figures weight each county by its homes for sale. Price-cut share is the share of listings with a price reduction.
How foreclosure works in South Dakota
Most South Dakota foreclosures are non-judicial, but a borrower can ask a court to take the case.
- Main steps and notices
- The lender serves a notice of sale at least 21 days before and publishes it once a week for four weeks.
- A borrower can deed the home to the lender, giving up redemption in exchange for no deficiency.
- Catching up before the sale
- State law does not require a right to reinstate.
- After the sale
- The borrower generally can redeem for up to one year after the sale, or 180 days for short-term redemption mortgages.
- Before any of this starts
- Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind.
- Governing law
- South Dakota Codified Laws § 21-48-1 et seq.; § 21-48A-1 et seq.; § 21-52-11
Sources
- Justia, Foreclosure laws and procedures: 50-state survey (last reviewed November 2022)
- Nolo, Foreclosure redemption period rights (state chart)
- Consumer Financial Protection Bureau, How to avoid foreclosure
General information, not legal advice.
Laws change and each case differs. Anyone facing foreclosure should talk with a local attorney or a HUD-approved housing counselor.
Go deeper
- Check any county's marketPick a county in South Dakota and see whether it leans to buyers or sellers.
- Read the buying guidesHow to buy pre-foreclosures, auction homes, bank-owned homes, HUD homes and short sales.
- Help if you're behind on your mortgageWhere you are in the process, your options, free counselors and scam warnings.
South Dakota questions
Is foreclosure in South Dakota judicial or non-judicial?
Most South Dakota foreclosures are non-judicial, but a borrower can ask a court to take the case.
Can a homeowner get the home back after a foreclosure sale in South Dakota?
The borrower generally can redeem for up to one year after the sale, or 180 days for short-term redemption mortgages.
Can a borrower in South Dakota catch up on the loan before the sale?
State law does not require a right to reinstate.
Is South Dakota a buyer's or seller's market right now?
A balanced market. South Dakota scores 48 out of 100 on our market scale, where low scores lean to buyers. Listings spent about 64 days on the market, and 15% had a price cut in October 2026. Source: Realtor.com® Economic Research.
How far behind does a borrower have to be before foreclosure starts?
Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind. Source: Consumer Financial Protection Bureau.