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Tea Market Report

$403,898

AVERAGE PRICE OF 91 HOMES

$194,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$401,228

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$389,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $403,898
Avg Bedrooms 3.12 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

2 bedrooms $344,747
3 bedrooms $376,595
4 bedrooms $478,885
5 bedrooms $565,740
Tea Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 75 74 72 76 87
Average Price $426,863 $429,329 $428,075 $434,063 $432,710
Avg Price Change -0.58% +0.29% -1.40% +0.31% -2.33%
Median Price $377,457 $373,660 $373,572 $377,321 $372,492
Med Price Change +1.02% +0.02% -1.00% +1.30% -1.17%
Avg Bedrooms 3.17 beds 3.16 beds 3.2 beds 3.23 beds 3.28 beds
Avg Bathrooms 2.48 baths 2.46 baths 2.46 baths 2.47 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tea Hs 90 $403,433 163 days
Total Homes Average Price Avg Days on Site
All Homes 91 $403,898 162 days
Distressed Homes 1 $194,000 30 days
Newly Built Homes 73 $401,228 195 days
Reduced Price Homes 2 $389,950 24 days

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Greg Doohen Realty Group | Keller Williams Realty Sioux Falls
Greg Doohen
6300 South Connie Ave
Sioux Falls, SD 57108
605-728-2383

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Greg Doohen - Keller Williams- Winback are marked with the Internet Data Exchange™logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. “Copyright 4/25/2025 2:44 PM CST REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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