Interests in housing from out of state buyers continues

YANKTON, S.D.(WNAX)- Out of state buyers are still interested in South Dakota real estate, putting pressure on availability and prices.

Yankton broker Mason Schramm says there aren’t as many out of staters as during the height of the pandemic.

Schramm says that buyer interest then limits the number of rental units out there.

Schramm says the market is responding to the housing need.

Schramm says the homes for sale inventory is about half of what would be considered a “normal” market.