SIOUX FALLS, S.D. (AP) — Real estate agents says the hot housing market in South Dakota’s larger cities has spilled over to the state’s more rural areas.
While the competition is the highest in Sioux Falls and Rapid City where prices have increased about 20% over last year, the rural real estate market is also changing.
In the past, home sellers in small farming communities across the state had trouble finding a buyer. Now, there are often multiple potential buyers for properties in small towns.
May 12, 2022