Explore Summerset
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Why Live in Summerset
Summerset, located in Meade County, South Dakota, is a small city with approximately 3,000 residents. Incorporated in 2005, it is one of the state's newest cities, known for its premium housing. The city features contemporary split-level and ranch-style homes with modern amenities, scenic views, and neatly spaced lots, typically no larger than a quarter of an acre. Home prices range from the $370,000s to the $550,000s, with a median price in the $450,000s. Summerset is situated near the Black Hills, offering lush greenery and outdoor activities such as hiking and camping at sites like Black Hills Station and Lazy Acre. Piedmont City Park, a few miles north, provides playground equipment and picnic areas. For shopping, residents often head to Rapid City, about 12 miles south, where they can visit Uptown Rapid Mall and grocery stores like Lynn’s Dakotamart. Dining options include Neighbors Grub and Pub in Summerset and J.R.’s BBQ Pit in nearby Black Hawk. Summerset students attend schools in the Meade School District, with Sturgis Brown High School recognized for its athletic programs. The city is also close to the Sturgis Motorcycle Rally, a major event attracting half a million visitors annually. However, residents should be aware of the severe risk of wildfires due to dry conditions and high temperatures.
Home Prices in Summerset, SD
The median home sale price in Summerset, SD is $426,125, down 6% year-over-year. Homes in Summerset sell in 36 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$426,125
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Median Single Family Sale Price
$465,000
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Median 2 Bedroom Sale Price
$272,000
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Average Price Per Sq Ft
$244
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Number of Homes for Sale
17
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Last 12 months Home Sales
26
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Months of Supply
7.80
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Median List Price
$462,000
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
-6%
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