Tea Real Estate

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Tea Real Estate & Homes for Sale in South Dakota

Welcome to Tea, South Dakota, a wonderful community located in Lincoln County. Tea is just minutes from Sioux Falls. so it has all the opportunities of the city while maintaining a "small town" atmosphere. There are several parks and trail to enjoy where one can play basketball, soccer, baseball, tennis , or have a picnic.

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Tea Real Estate Market Info - Prices of Houses for Sale in Tea

Buyers looking to purchase a home in the pleasant community of Tea will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Tea's single family homes run the pricing spectrum of $85,000 to $419,500. Land is also available for custom home building.

Tea Real Estate Stats and Trends for the week of April 2nd, 2018: homes priced around $253,480 compared to $269,375 the previous week, showing a decrease of less than -6%.  For Wednesday, May 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.58%; the 15 year fixed rate is at 4.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.03%, while the 15 year jumbo rate currently is at 4.51%.

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