Mitchell, SD
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Mitchell market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Mitchell, SD.
The Mitchell market is currently characterized as Very Weak, with a pending ratio of 0.02 indicating extremely limited demand absorption relative to available inventory. Median listing price declined by 21.3% over the past year, alongside a substantial increase in new listings.
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 Mitchell market right now.
Over the past year, new listings experienced a significant increase of 88.9%, contributing to elevated inventory levels. Despite this, active listings saw a modest year-over-year growth of 1.4%. The median listing price has demonstrated a notable year-over-year decline of 21.3%, while average listing price fell by 28.7% during the same period. Median days on market decreased by 31.0% year-over-year, suggesting some properties are moving more quickly once under contract, although the overall demand remains low.
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
The extremely low pending ratio of 0.02 suggests that purchasers have considerable negotiating leverage, with minimal competitive pressure from other buyers. The market pace is notably slow, placing significant inventory pressure on sellers to adjust pricing to stimulate demand. This environment necessitates price discipline from sellers.
The average listing price declined by 28.7% year-over-year, significantly more than the 21.3% decrease in the median listing price, suggesting softening at the higher price tiers. However, the median price per square foot saw a modest 2.2% increase over the past year. No distinct luxury-segment signal in this dataset.
73 active listings represent the current floor, with new supply arriving at roughly 34 per month.
of active listings carry a price reduction, -5.0% from prior period.
Median price per square foot has moved +2.2% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Mitchell, SD? Homes here are taking 21 days less to sell than last year.
Buyers have leverage in Mitchell, SD. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 2%
- Median Days on Market
- 47 days
- Inventory YoY
- +1%
In a buyer's market, strategy beats timing. See how your home scores in Mitchell, SD and what moves the number.
See my Sold Score & selling strategy →Prefer the data first? Get the monthly Mitchell, SD briefing and watch the market before you list.
How the Sold Score works →Agents: no featured expert covers Mitchell, SD yet — claim this market →
The Monthly Briefing
Stay ahead of the Mitchell market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.
Track your ZIP
Get the Sold Score for your exact ZIP code in your inbox each month.
Metro Demographics
ZIPs in Mitchell, SD
57301
mitchell
$273K
63 active · 46 DOM
57350
huron
$242K
31 active · 49 DOM
57325
chamberlain
$287K
15 active · 118 DOM
57362
miller
$182K
11 active · 114 DOM
57349
howard
$292K
8 active · 53 DOM
57366
parkston
$213K
6 active · 83 DOM
57382
wessington springs
$178K
6 active · 36 DOM
57369
platte
$222K
6 active · 38 DOM
57328
corsica
$226K
5 active · 90 DOM
57356
lake andes
$65K
5 active · 41 DOM
57380
wagner
$167K
4 active · 63 DOM
57367
pickstown
$600K
3 active · 69 DOM
57313
armour
$235K
3 active · 46 DOM
57319
bridgewater
$230K
3 active · 125 DOM
57370
pukwana
$234K
3 active · 67 DOM
57363
mount vernon
$117K
3 active · 65 DOM
57385
woonsocket
$155K
3 active · 44 DOM
57335
fairfax
$150K
3 active · 152 DOM
Sorted by active inventory · click a ZIP for its full report