Brown County home listing prices up in March
The median home in Brown County listed for $249,900 in March, up 1% from the previous month's $247,400, an analysis of data from Realtor.com shows.
Compared to March 2024, the median home list price increased 11.1% from $225,000.
The statistics in this article only pertain to houses listed for sale in Brown County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.argusleader.com.
Brown County's median home was 2,180 square feet, listed at $126 per square foot. The price per square foot of homes for sale is up 7.5% from March 2024.
Listings in Brown County moved slowly, at a median 71 days listed compared to the March national median of 53 days on the market. In the previous month, homes had a median of 84 days on the market. Around 32 homes were newly listed on the market in March, the same number of new listings from March 2024.
The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
In South Dakota, median home prices were $382,128, a slight increase from February. The median South Dakota home listed for sale had 1,856 square feet, with a price of $212 per square foot.
Throughout the United States, the median home price was $424,900, a slight increase from the month prior. The median American home for sale was listed at 1,800 square feet, with a price of $231 per square foot.
The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Aberdeen News: Brown County home listings asked for more money in March - see the current median price here
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