Property Makler
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Mitchell, SD housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $175 $139 $159 $172 56.3% -20.6% 14.4% 8.2%
Active Listing Count 33 49 52 77 3.1% 48.5% 6.1% 48.1%
Median Days on Market 71 89 106 62 39.2% 25.4% 19.1% -41.5%
Share of listings with price decrease 16.9% 17.8% 18.8% 17.8%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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