Is Beresford a buyer's or seller's market right now?

Beresford is currently a buyer's market with 5.5 months of supply. Homes are selling at 96.8% of list price, and 50% go pending within two weeks. The Ridley Sell Score for Beresford is 53/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Beresford?

The median home price in Beresford is $329,500, up 92.7% year-over-year. The median price per square foot is $135. Homes sell in a median of 82 days with a sale-to-list ratio of 96.8%.

How much does it cost to sell a home in Beresford, South Dakota?

On a $329,500 home in Beresford, a traditional listing agent charges around $9,885 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $26,360 or more. With Ridley Essentials ($999) you save $8,886, and with Ridley Pro ($3,499) you save $6,386 while getting full agent support.

How does Ridley's flat fee compare to a traditional Beresford agent?

A traditional Beresford listing agent typically charges 3% of the sale price — about $9,885 on a $329,500 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $8,886–$6,386 compared to a traditional agent.

How long does it take to sell a home in Beresford?

The median home in Beresford currently spends 82 days on the market before going under contract. 50% of homes go pending within two weeks. At a 96.8% sale-to-list ratio, sellers are seeing some negotiation. Only 9.1% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in South Dakota?

No. South Dakota does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $329,500 home, that could save you up to $6,386.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in South Dakota. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $9,885 commission.

National/South Dakota

Beresford, SD

Is Now a Good Time to Sell in Beresford, South Dakota?

The median home in Beresford sells for $329,500 with prices up 92.7% year-over-year. The average seller pays $9,885 in commissions — Ridley’s flat fee saves you $6,386.

Beresford Real Estate Market Conditions — March 2026

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Beresford market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors buyers

5.5 months of supply — above the 5-month balanced threshold, giving buyers more options. South Dakota average is 3.4.

Price MomentumFavors sellers

Prices up 92.7% year-over-year — vs. +9.8% statewide.

Seller LeverageFavors buyers

Homes selling at 96.8% of asking — buyers are negotiating 3.2% below list. South Dakota average is 97.2%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the South Dakota average of 13.7%.

Sale SpeedNeutral

82 median days on market — 8 days faster than the South Dakota average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 13% statewide.

Price StabilityFavors sellers

Only 9.1% of listings have dropped their price — sellers are holding firm. South Dakota average is 12.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$329,500

+92.7%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$135

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

96.8%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

5.5

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

9.1%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$117,500 → $329,500

▲180.4%

$300K$200K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Beresford — delivered monthly.

Your savings

How much can you save selling your home in Beresford?

The average Beresford homeowner saves $6,386 by selling with Ridley instead of paying the traditional 3% listing commission on a $329,500 home.

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

Your Beresford home value

$329,500

$50,000$10M

Traditional Agent (3%)

$9,885

Ridley Pro (flat fee)

$3,499

Ready to sell in Beresford?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Beresford?

The total cost to sell a house in Beresford in 2026 ranges from $999 with Ridley Essentials to approximately $9,885 with a traditional 3% commission on a $329,500 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$9,885	$3,499	$999	$0
Buyer agent	$9,2262.8% avg	$6,590~2% avg	$6,590~2% avg	$9,2262.8% avg
Closing costs (~1.5%)	$4,943	$4,943	$4,943	$4,943
Total cost	$24,054	$15,032	$12,532	$14,169
Net proceeds	$305,446	$314,468	$316,968	$315,331
You save	—	$6,386	$8,886	$9,885No support