Brookings, SD
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
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Will your home sell in today's accelerated Brookings market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Brookings, SD.
The Brookings market is currently in an Accelerated state, characterized by a pending ratio of 0.64. This indicates demand continues to outpace available supply, despite a monthly decline in the median listing price. Inventory contraction is also notable, with active listings down 18.2% over the past year.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Brookings market right now.
The market is experiencing notable inventory contraction, with active listings decreasing by 18.2% year-over-year and new listings down 15.4% over the same period. Despite a month-over-month decline of 2.4% in the median listing price, the year-over-year change remains positive at 0.6%. Demand continues to strengthen, evidenced by a pending ratio of 0.64, which represents a 7.3% increase year-over-year. Median days on market have also significantly reduced by 40.6% over the past year.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With active listings contracting and a pending ratio of 0.64, the pace of transactions remains elevated. This suggests sustained pressure on the available inventory, leading to reduced time on market. While price reductions are occurring, the overall market dynamics indicate that properties are moving quickly, requiring prompt decisions from prospective purchasers.
The average listing price has risen by 8.1% year-over-year, while the median $/sqft has decreased by 18.0% over the past year. This divergence, coupled with the average price ($412,285) exceeding the median price ($351,150) by a considerable margin, suggests potential softening in higher-price-tier segments as a disproportionate amount of inventory may be available there.
74 active listings represent the current floor, with new supply arriving at roughly 22 per month.
of active listings carry a price reduction, +13.4% from prior period.
Median price per square foot has moved -18.0% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Brookings, SD? Homes here are taking 38 days less to sell than last year.
Demand in Brookings, SD is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 64%
- Median Days on Market
- 56 days
- Inventory YoY
- −18%
Demand is strong in Brookings, SD. Check your Sold Score before you price — conditions this favorable don't hold forever.
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