Sell Your Land inLake County, SD
EasyLotBuyer provides cash offers for vacant land in Lake County, South Dakota. With 135 active land listings and a median sale price of $89K, we use real market data to ensure you receive a fair offer. We serve all 5 communities including Brant Lake, Madison, Nunda and more.
Why Sell Your Lake County Land to Us?
- We know the Lake County land market and provide fair, data-driven offers
- Three offer types: fast cash, higher cash, or owner financing for maximum value
- We handle all South Dakota closing requirements and title work
Land Market in Lake County, South Dakota — Current Data
Real-time land market statistics for Lake County based on recent sales and active listings.
Higher inventory gives buyers more choices and negotiating power.
| Metric | Lake County | SD Avg |
|---|---|---|
| Median Sale Price | $89,000 | $120,000 |
| Median Price per Acre | $142K | $81K |
| Active Listings | 135 | 2,871 |
| Sold (Last 12 Mo) | 14 | 780 |
| Avg Days on Market | 425 days | 238 days |
| Price Change (YoY) | +23.3% | -23.3% |
| Months of Supply | 202.5 | 46.3 |
| Sell-Through Rate | 0.7% | — |
The Lake County land market is currently a buyer's market with 202.5 months of supply. Over the past 12 months, 14 land parcels have sold in the county, totaling $1.2M in transaction volume. Land prices have increased 23.3% year-over-year. The median price per acre in Lake County ($142K) is above the South Dakota statewide average of $81K.
Land Prices by Acreage in Lake County
How land values in Lake County vary by parcel size, based on recent sales data.
| Acreage | Median Price | $/Acre | Sold (12mo) | For Sale | Avg DOM |
|---|---|---|---|---|---|
| Under 1 Acre | $88K | $171K | 9 | 109 | 363d |
| 1-2 Acres | $74K | $74K | 3 | 20 | 616d |
| 2-5 Acres | $135K | $41K | 1 | 5 | 126d |
| 5-10 Acres | — | — | 0 | 1 | — |
Small parcels (Under 1 Acre) in Lake County sell for a median of $171K/acre, while larger parcels (2-5 Acres) average $41K/acre — a 76% difference per acre. This per-acre discount for larger parcels is typical across most land markets.
Want to know what your specific parcel is worth?
These are county-wide averages. Your land's value depends on location, road access, utilities, zoning, and other factors. Submit your property above for a personalized cash offer based on your parcel's specific characteristics.
How to Sell Land in Lake County — 3 Simple Steps
Submit Your Property
Tell us about your Lake County land — location, acreage, and your contact info. Takes less than 2 minutes.
Get Your Cash Offer
We research your parcel using Lake County county records, comparable sales, and market data to provide a fair offer within 24 hours.
Close & Get Paid
We handle all closing through a title company, cover all South Dakota closing costs, and pay via wire transfer or cashier's check.
Sell Land in South Dakota Without a Realtor
Compare your options for selling land in Lake County. Traditional listings can take months — we close in days.
Real Estate Agent | Sell By Owner (FSBO) | EasyLotBuyer | |
|---|---|---|---|
| Time to Sell | 425+ days avg | 553+ days avg | 7-14 days |
| Commission/Fees | 6-10% of sale price | Listing fees + closing costs | $0 — we pay all costs |
| Closing Costs | Transfer tax: $0.50 per $500 | Transfer tax: $0.50 per $500 | We cover everything |
| Repairs/Prep | Survey, clearing may be needed | Survey, clearing, signage | We buy as-is |
| Showings | Multiple site visits | You manage all showings | No showings needed |
| Certainty | Buyer financing may fall through | High risk of no sale | Guaranteed cash close |
Land in Lake County takes an average of 425 days to sell through traditional channels. By selling directly to EasyLotBuyer, you can skip the listing process entirely and close in as few as 7 days with a guaranteed cash offer.
Taxes and Closing Costs for Selling Land in South Dakota
Capital Gains Tax
When you sell land in South Dakota for more than you paid, the profit is subject to capital gains tax. If you've held the property for more than one year, you'll pay long-term capital gains rates (0%, 15%, or 20% federally, depending on your income).
State tax: South Dakota has no state income tax. This means you only pay federal capital gains tax — no additional state tax on your land sale proceeds.
Closing Costs in South Dakota
Transfer Tax
$0.50 per $500
Typically paid by: seller
Recording Fees
$10-$25
When you sell to EasyLotBuyer, we cover all closing costs including transfer taxes, recording fees, title search, and title insurance. The cash offer you receive is the amount you take home.
Attorney & Closing Requirements
South Dakota does not require an attorney for real estate closings. Transactions are typically handled by a title company.
South Dakota requires seller disclosures for real property transfers. When you sell to EasyLotBuyer, we guide you through any required disclosures and handle all paperwork.
Mineral Rights in South Dakota
Mineral rights can be severed. South Dakota has a Dormant Mineral Interests Act. If you're unsure about the mineral rights status of your property, include this information when you submit your property details and our team will research it during due diligence.
Frequently Asked Questions About Selling Land in Lake County
Common questions from Lake County, South Dakota landowners considering selling their property.
The median price per acre for land in Lake County is $142K, with a median sale price of $89,000. Recent sales range from $62,470 to $102,800. Actual value depends on location, size, road access, utilities, zoning, and other parcel-specific factors. Submit your property details for a free personalized valuation.
Cities & Towns in Lake County
We buy vacant land near all cities and towns in Lake County, South Dakota. Whether your property is inside city limits or in an unincorporated area, we'll make you a fair cash offer.
Sell Land in Nearby Counties
We also buy land in these neighboring counties. Click to see local market data and get a cash offer.