Is Hill City a buyer's or seller's market right now?

Hill City is currently a seller's market with 1.5 months of supply. Homes are selling at 97.7% of list price, and 100% go pending within two weeks. The Ridley Sell Score for Hill City 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 Hill City?

The median home price in Hill City is $327,500, down 32.9% year-over-year. The median price per square foot is $158. Homes sell in a median of 103 days with a sale-to-list ratio of 97.7%.

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

On a $327,500 home in Hill City, a traditional listing agent charges around $9,825 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $26,200 or more. With Ridley Essentials ($999) you save $8,826, and with Ridley Pro ($3,499) you save $6,326 while getting full agent support.

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

A traditional Hill City listing agent typically charges 3% of the sale price — about $9,825 on a $327,500 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 $8,826–$6,326 compared to a traditional agent.

How long does it take to sell a home in Hill City?

The median home in Hill City currently spends 103 days on the market before going under contract. 100% of homes go pending within two weeks. At a 97.7% sale-to-list ratio, sellers are seeing some negotiation.

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 $327,500 home, that could save you up to $6,326.

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 $9,825 commission.

National/South Dakota

Hill City, SD

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

The median home in Hill City sells for $327,500 with prices down 32.9% year-over-year. The average seller pays $9,825 in commissions — Ridley’s flat fee saves you $6,326.

Hill City 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 Hill City 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 sellers

1.5 months of supply — well below the 5-month balanced threshold — 56% below the South Dakota average of 3.4.

Price MomentumFavors buyers

Prices down 32.9% year-over-year — vs. +9.8% statewide.

Seller LeverageNeutral

Homes selling at 97.7% of asking — buyers are negotiating 2.3% 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 SpeedFavors buyers

103 median days on market — 13 days slower than the South Dakota average.

Market UrgencyFavors sellers

100% of listings go pending within 2 weeks — vs. 13% statewide.

Price StabilityFavors sellers

Only 0% 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.

$327,500

-32.9%

Days on Market

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

103

Price per Sq Ft

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

$158

Sale-to-List Ratio

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

97.7%

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.

1.5

Seller’s market

Competitiveness

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

Somewhat Competitive

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

100%

Fast-moving

12-Month Price Trend

$640,000 → $327,500

▼48.8%

$600K$400K

AprJunAugOctDecFebMar

Data updated March 2026

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

Your savings

How much can you save selling your home in Hill City?

The average Hill City homeowner saves $6,326 by selling with Ridley instead of paying the traditional 3% listing commission on a $327,500 home.

$0Estimated savings

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

Your Hill City home value

$327,500

$50,000$10M

Traditional Agent (3%)

$9,825

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Hill City?

The total cost to sell a house in Hill City in 2026 ranges from $999 with Ridley Essentials to approximately $9,825 with a traditional 3% commission on a $327,500 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$9,825	$3,499	$999	$0
Buyer agent	$9,1702.8% avg	$6,550~2% avg	$6,550~2% avg	$9,1702.8% avg
Closing costs (~1.5%)	$4,913	$4,913	$4,913	$4,913
Total cost	$23,908	$14,962	$12,462	$14,083
Net proceeds	$303,592	$312,538	$315,038	$313,417
You save	—	$6,326	$8,826	$9,825No support