Egan South Dakota housing under 150000
$
125,000
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Egan, South Dakota
106 E 5th St
3
Beds
1
Baths
1025
Sq Ft
0
Built

Character Home, Garage, Acreage

Oak Floors, Stained Glass Door, 0.72 Acres Near Sioux Falls — $125,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%70.72 acres, oak hardwood floors, stained glass door, garage, shed, 30 min Sioux Falls
Condition25%6Remodeled bath, new front door, updated flooring — no roof/HVAC dates mentioned
Price / Sq Ft15%7Listing $122/sqft vs zip median $138/sqft — 12% below; 2 comps, directional only
Price vs. Market5%3Zip median $710K is land/acreage-skewed; not a meaningful comp for this home
Market Conditions5%6DOM 212 days zip median, 50% price drops — buyer's market signals; floor applied

The stained glass front door is the first thing you notice, and it earns a second look. Someone cared about this house at some point, and that care shows in what survived: original oak hardwood floors running through most of the home, a door that has actual craft to it. Those aren't things you add later without spending real money.

The house is a 1.5-story, three bedrooms and one bath, 1,025 square feet. The primary bedroom is on the main floor. The other two are upstairs. It's a tight layout by today's standards, but it's workable, and the 1.5-story format means you get the bedrooms without the footprint. The bathroom has been remodeled, with a new vanity and updated flooring. The front door is new. Beyond that, the listing doesn't say when the roof was done or what's heating the place, which are real questions before you make an offer.

What makes the acreage the actual headline is that 0.72 acres inside a small town 30 minutes from Sioux Falls is a lot of room. There's a detached garage and a separate shed, so you have covered space for tools, a car, a project. The yard itself could absorb a garden, a dog run, outbuildings, whatever you'd actually want to do with land that size. That kind of space, that close to a city, at this price, is the argument for the property.

The market here has been slow. Homes in this zip have been sitting a long time, and half have taken price cuts. That's buyer leverage, and $125,000 for what's here, on this lot, with the hardwood floors intact and a garage included, is on the low end of what comparable square footage is selling for.

The unknowns around mechanical systems are worth pressing on before you commit. But if the bones check out, this is a house with real character and a lot around it that would take years to outgrow.

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