Hold Period — Cities of South Dakota
Cities of South Dakota ranked by average flip hold-period.
Fastest-flip states (shortest avg hold)
Longest-hold states
City ranking — South Dakota (avg hold period)
Cities in South Dakota (sample ≥ 20 flips)
Sorted shortest to longest| # | City | Avg hold (yrs) | Avg hold (mo) | Avg gain % | Sample |
|---|---|---|---|---|---|
| 1 | Hartford | 0.83 | 10.1 | +386.1% | 21 |
| 2 | Brandon | 0.92 | 11.1 | +383.1% | 43 |
| 3 | Sioux Falls | 0.95 | 11.6 | +241.7% | 459 |
| 4 | Dakota Dunes | 0.96 | 11.7 | +408.9% | 24 |
| 5 | Rapid City | 1.00 | 12.1 | +172.5% | 175 |
| 6 | Box Elder | 1.04 | 12.6 | +253.4% | 23 |
| 7 | Yankton | 1.12 | 13.6 | +119.2% | 29 |
| 8 | North Sioux City | 1.12 | 13.6 | +494.3% | 20 |
| 9 | Belle Fourche | 1.29 | 15.7 | +96.1% | 20 |
| 10 | Watertown | 1.36 | 16.5 | +264.7% | 24 |
What hold period tells investors
Short average holds (under 2 years) indicate a liquid market — properties trade often, exit timing is flexible, and capital recycles quickly. Long holds (5+ years) suggest fewer buyers, slower exits, and higher carry-cost risk.
Markets where typical investors hold 3–9 months are dominated by fix-and-flip operators. Markets averaging 5–10 years are dominated by buy-and-hold landlords. Choose the strategy that matches the market — don't fight it.
This metric reflects only properties that resold. True buy-and-hold landlords who never sold during the data window are invisible here. Treat the numbers as a relative ranking across states, not an absolute hold-period truth. Source: public record. Data through July 2024.