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Edited by Kristen Klempert
Written by Andrew Whytock
Edited by Kristen Klempert
Best We Buy Houses companies in South Dakota | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
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We Buy Houses companies in South Dakota pay significantly less than fair market value for homes — sometimes as little as 50%. However, if you own a distressed property or you need cash for your home quickly, a We Buy Houses company might be your best choice.
We spent hundreds of hours researching legitimate We Buy Houses companies in South Dakota to find the 5 best options. Our rankings include considerations like offer time, closing time, customer reviews, and availability (nationwide, statewide, or county/citywide only).
Before you sign a contract with a We Buy Houses in South Dakota company, we strongly recommend getting multiple offers. This lets you compare your options, so you can be confident you’re getting a fair price for your house.
If you’re looking to sell your house fast for cash in South Dakota, we can help you compare your options easily. Our free service matches sellers with vetted cash buyers, saving them time and ensuring a competitive selling price. Request as many offers as you’d like, choose the best one, or walk away any time. Get fair offers from top cash home buyers now!
Top 5 We Buy Houses Companies in South Dakota
| 💰 Cash buyer | 💸 Time to offer | 🗓 Time to close |
|---|---|---|
| Solid Rock Properties | 24 hours | 7 days |
| ASAP Cash Homebuyers | 5 minutes | Time to close varies |
| Fast Home Offer | Offer times vary | 7–14 days |
| Finally Sold | Offer times vary | 3–10 days |
| We Buy Ugly Houses | After home evaluation | 21 days |
Local
- (605) 370-5541
- Offer in 24 hours
- Close in 7 days
Solid Rock Properties is a local cash buyer that purchases homes in the Sioux Falls area. It can make an offer within 24 hours and close in as few as 7 days. Solid Rock Properties comes highly rated, with former sellers praising it for providing a fair offer and a smooth and easy process.
Solid Rock Properties purchases homes in Sioux Falls SD 57103 and all surrounding areas in SD.
Nationwide
- (866) 350-6769
- Offer in 5 minutes
- Close as soon as possible
ASAP Cash Home Buyers purchases all types of residential real estate — even empty lots — in all 50 states. Even if it decides not to buy your house, ASAP Cash Home Buyers will still offer legal and financial consultations to help resolve any issues your facing with the property. Reviewers said their home selling journeys were seamless and quick.
ASAP Cash Home Buyers buys homes across South Dakota including in Minnehana, Pennington, and Brown county.
Nationwide
- (888) 424-4722
- Varies
- Close in 7-14 days
Fast Home Offer is a network of real estate investors that purchases houses for cash in all 50 states. Depending on your situation, Fast Home Offer’s local buyer can close as quickly as 7 to 14 days. As of this writing, its few reviews are all negative — however, most are from before 2020.
Fast Home Offer buys homes in the Sioux Falls, Rapid City, Spearfish, and other areas.
Nationwide
- (844) 669-7653
- Offer times vary
- Close in 3-10 days
Finally Sold is a cash buyer that purchases houses in all 50 states. It can make a no-obligation offer as soon as a property walkthrough has been completed and can close in 10 days. Reviews about the company are largely positive, with former sellers praising the fast process and the very reasonable offers — but a majority of these reviews were from before 2020.
Finally Sold buys homes in South Dakota throughout Rapid City, Sioux Falls, Huron, and other counties.
Nationwide
- (866) 200-6475
- Offer after home evaluation
- Close in 21 days
We Buy Ugly Houses is a network of cash buyer franchises that has been purchasing homes throughout the U.S. since 1996. It can make a final cash offer after completing a property walkthrough and close in as few as 3 weeks.
We Buy Ugly Houses purchases homes in and around Rapid City.
Not seeing the right company for you? Find more nationwide cash buyers here!
Should I sell to a We Buy Houses company in South Dakota?
It depends on your primary motivation as a seller: do you need to sell your home quickly, or are you trying to sell an unwanted home?
If speed is your primary concern, you need to take market conditions into account before you decide. If you’re worried about selling a home in poor condition, listing with the help of a real estate agent is still an option.
Selling times in South Dakota
| 🗓 Time to sell | 💰 Median listing price | |
|---|---|---|
| South Dakota | 44 days | $350,000 |
| United States | 50 days | $427,250 |
If you’re unsure whether you’d benefit from a We Buy Houses for Cash company, we highly recommend scheduling a free consultation with a local real estate agent. You can compare their professional opinion on your home’s value and expected selling timeline with what the cash buyer is offering.
Consulting a realtor is the best way to ensure that you keep the most equity in your pocket while still selling on your timeline.
Selling a home in poor condition in South Dakota
You might be tempted to sell your home to a We Buy Houses company in South Dakota if it’s full of junk, in need of extensive upgrades, or structurally unsound. This is an option, but an agent can help you deal with an unwanted property without asking you to take a massive discount on the sale price.
A real estate agent can get your home in front of multiple buyers, bring competition into the mix and give you the best chance to capitalize on the home’s fair market value.
Real estate agents can’t guarantee that your home will sell as quickly as it would if you went directly to a We Buy Houses company, but you can be almost certain that you’ll end up with more money in your pocket.
How much do We Buy House Companies in South Dakota pay?
We Buy Houses companies and local real estate investors generally use the 70% rule: never pay more than 70% of a home’s after-market value (AVR), minus repair costs. You can get a ballpark idea of your home’s AVR by looking at listing/sale prices of comparable homes in your neighborhood that have been renovated recently.
The median listing price of homes in South Dakota is $350,000. Assuming a We Buy Houses company believes that your home will be worth that after they’ve made the necessary repairs ($50,000 in this example), they would pay you around $195,000.
(After repair value x 0.70) – Repair costs = Purchase price
($350,000 x 0.70) – $50,000 = $195,000
Key Takeaway
🚨 Keep in mind, this is the best case scenario. A We Buy Houses company is likely to pay as little as possible to maximize their profits.🚨
Alternatives to We Buy Houses companies in South Dakota
There are alternatives to selling to a We Buy Houses company in South Dakota that could net you a lot more money in the end.
- Sell to an iBuyer — iBuyers pay close to fair market value for homes, and some can close in as little as ten days. They generally don’t buy distressed homes, but an iBuyer might be an option if your home only needs minor repairs.
- List with a low commission real estate agent — Companies like Clever can connect you with an agent who can work for a pre-negotiated low commission to help you sell without leaving money on the table.
Frequently Asked Questions about We Buy Houses companies in South Dakota
Are We Buy Houses companies in South Dakota legit?
While the majority of cash buyers in South Dakota are legit, some will take advantage of a seller in a difficult position and make an outrageously low offer. Given that, it’s crucial to look into online ratings to find a reputable company to work with. One company that reviewers liked is Solid Rock Properties because it provides fair offers and fast transactions. Selling to a larger and more established company like We Buy Ugly Houses is also a good choice.
How much money will a We Buy Houses company pay in South Dakota?
We Buy Houses for Cash companies in South Dakota typically pay around 70% of a home’s fair market value at most — but they also provide the fastest closing times. Case in point, Finally Sold can close in as few as three days, which is perfect for sellers with hard-to-sell homes. Browse through our guide on We Buy Houses for Cash companies to find out more.
How can I sell my property quickly in South Dakota?
South Dakota homeowners can work with a local cash buyer to get a fast offer and close quickly. For instance, Solid Rock Properties can make an offer within 24 hours and close in as few as seven days. However, if you’re looking for a higher profit, then working with a top real estate agent is best, as they can also help you close quickly.
More We Buy Houses for Cash resources
Want to learn more about how We Buy Houses companies work and what you should watch out for as a home seller? Check out these great resources!
Companies That Buy Houses for Cash: Solution or Scam? You might be willing to sell to a We Buy Houses company if you’re in a bind, but is it worth it? Find out how these companies operate.
Are “We Buy Houses” Companies a Ripoff? Cardboard signs at the side of the road don’t seem very professional, so what’s the deal with all of these companies that advertise “We Buy Houses”? Learn how to tell the difference between a legitimate cash buyer and a scam.
How Much Will an Investor Pay for My House? Investors don’t buy houses because they love them — they buy them to make a profit. Learn more about how an investor would price your home if they were interested in buying it.
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