South Dakota Real Estate Commission Calculator
State average: 5.3% commission · Median home: $310,000 · 1 cities tracked · Updated 2026
Calculate Your South Dakota Commission
Total Commission
$16,430
Listing Agent Gets
$5,751
Buyer's Agent Gets
$5,751
Seller's Net
$293,570
Real Estate Commission Rates in South Dakota (2026)
The average total real estate commission in South Dakota is 5.3%, which is in line with the national average of 5.0–5.4%. On the median South Dakota home price of $310,000, total agent fees come to $16,430.
Following the August 2024 NAR settlement, buyer's agent compensation is no longer required to be offered through the MLS in South Dakota. Sellers have more flexibility than ever to negotiate commission rates — especially on higher-priced homes where listing-side fees of 1–2% are increasingly common.
How Commission Works in South Dakota
- Total commission: typically 5.3% of sale price = $16,430 on median home
- Listing agent side: ~$8,215 (2.6% of sale)
- Buyer's agent side: ~$8,215 (negotiable since Aug 2024)
- Agent's take-home: ~70% after broker split = ~$5,751 per side
- Seller nets: approximately $293,570 before closing costs
Commission by Price Range in South Dakota
- Under $200,000: 5.5–6% total (agents need minimum earnings to justify the work)
- $200,000–$500,000: 5–5.5% total (near the South Dakota average of 5.3%)
- $500,000–$1,000,000: 4.5–5% total (negotiating room opens up)
- Over $1,000,000: 3–4% total (high-dollar listings often command a lower percentage)
Tips for Negotiating Commission in South Dakota
- Get multiple listing presentations — commission rates in South Dakota vary 0.5–1% between agents
- Offer a competitive buyer's concession — to attract buyers, 2–2.5% buyer side works well in South Dakota
- Use a flat-fee MLS service — pay $300–600 for MLS access, then offer buyer agent 2.6%
- Bundle buy and sell — agents may discount if you're buying and selling simultaneously
- List in spring — South Dakota markets peak March–June, giving sellers more negotiating leverage
Commission Rates by City in South Dakota
| City | Median Price | Avg Rate | Total Fees | Calculator |
|---|---|---|---|---|
| Sioux Falls | $310,000 | 5.3% | $16,430 | Calculate → |
Showing top 1 cities. View all cities →
Frequently Asked Questions
What is the average real estate commission in South Dakota?
The average total real estate commission in South Dakota is approximately 5.3%, which is in line with the national average of 5.0–5.4%. On the median South Dakota home price of $310,000, total agent fees equal $16,430.
How is real estate commission split in South Dakota?
In South Dakota, the total 5.3% commission is typically split 50/50 between listing and buyer's agents. Each agent then splits with their broker — commonly 70/30. That means each agent earns approximately $5,751 on a $310,000 sale.
Can I negotiate real estate commission in South Dakota?
Yes. Since the August 2024 NAR settlement, buyer's agent compensation is fully negotiable in South Dakota. Sellers are no longer required to offer buyer concessions through the MLS, making commission negotiation more accessible than ever.
How much does a seller net after commission in South Dakota?
On the median South Dakota home of $310,000 with a 5.3% commission, the seller nets approximately $293,570 before closing costs. Add another 1–3% for closing costs depending on the transaction.