Market Intelligence Report — SD-580
Mitchell, SD
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-SD-05
Updated: May 2026
Updated: May 2026
Median Listing
$320K
-2.1% YOY
Pending Ratio
0.07
+5.8% YOY
Active Inventory
56
-27.3% YOY
Median DOM
43 Days
-6.5% YOY
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Market Signals & Indicators
Supply Dynamics
56 active listings represent the current floor, with new supply arriving at roughly 28 per month.
Pricing Pressure
21.1%
of active listings carry a price reduction, +6.1% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +0.7% year-over-year.
Absorption
0.07
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Mitchell, SD
CBSA Code
33580
State
SD