Is New Underwood a buyer's or seller's market right now?

New Underwood is currently a seller's market with 0.3 months of supply. Homes are selling at 93.2% of list price. The Ridley Sell Score for New Underwood is 54/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in New Underwood?

The median home price in New Underwood is $289,000. The median price per square foot is $141. Homes sell in a median of 41 days with a sale-to-list ratio of 93.2%.

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

On a $289,000 home in New Underwood, a traditional listing agent charges around $8,670 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $23,120 or more. With Ridley Essentials ($999) you save $7,671, and with Ridley Pro ($3,499) you save $5,171 while getting full agent support.

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

A traditional New Underwood listing agent typically charges 3% of the sale price — about $8,670 on a $289,000 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 $7,671–$5,171 compared to a traditional agent.

How long does it take to sell a home in New Underwood?

The median home in New Underwood currently spends 41 days on the market before going under contract. At a 93.2% 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 $289,000 home, that could save you up to $5,171.

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 $8,670 commission.

National/South Dakota

New Underwood, SD

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

The median home in New Underwood sells for $289,000. The average seller pays $8,670 in commissions — Ridley’s flat fee saves you $5,171.

New Underwood Real Estate Market Conditions — March 2026

54out of 100

Ridley Sell Score

How it's scored →

Moderate

54/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The New Underwood market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

0.3 months of supply — well below the 5-month balanced threshold — 91% below the South Dakota average of 3.4.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +9.8% statewide.

Seller LeverageFavors buyers

Homes selling at 93.2% of asking — buyers are negotiating 6.8% 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 sellers

41 median days on market — 49 days faster than the South Dakota average.

Market UrgencyFavors buyers

0% 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.

$289,000

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.

$141

Sale-to-List Ratio

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

93.2%

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.

0.3

Seller’s market

Competitiveness

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

Somewhat Competitive

12-Month Price Trend

$315,000 → $289,000

▼8.3%

$300K$200K$100K

AprJunAugOctDecFebMar

Data updated March 2026

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

Your savings

How much can you save selling your home in New Underwood?

The average New Underwood homeowner saves $5,171 by selling with Ridley instead of paying the traditional 3% listing commission on a $289,000 home.

$0Estimated savings

That's 6 months of groceries — save 1.8% of your home value

Your New Underwood home value

$289,000

$50,000$10M

Traditional Agent (3%)

$8,670

Ridley Pro (flat fee)

$3,499

Ready to sell in New Underwood?

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 New Underwood?

The total cost to sell a house in New Underwood in 2026 ranges from $999 with Ridley Essentials to approximately $8,670 with a traditional 3% commission on a $289,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$8,670	$3,499	$999	$0
Buyer agent	$8,0922.8% avg	$5,780~2% avg	$5,780~2% avg	$8,0922.8% avg
Closing costs (~1.5%)	$4,335	$4,335	$4,335	$4,335
Total cost	$21,097	$13,614	$11,114	$12,427
Net proceeds	$267,903	$275,386	$277,886	$276,573
You save	—	$5,171	$7,671	$8,670No support