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How competitive is the Mitchell housing market?

P

Primpted Housing Analyst

Updated monthly · Data through July 2026 · v266

Data-backed
Sold Score
31/100
YoY Challenging Market Conditions
Pending ratio
0.05
YoY contracts vs active
Inventory YoY
-0.1%
YoY active listings
Median DOM
39
YoY days on market
Price cuts
32.3%
YoY of active listings
Mitchell is soft for sellers as of July 2026, with a Sold Score of 31/100 (Challenging Market Conditions). **Pending ratio** is 0.05 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -6.1% — fewer choices for buyers than a year ago. **Median days on market** is 39. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 32.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (July 2026): Sold Score: 31/100 (Challenging Market Conditions) · Pending ratio: 0.05 · Inventory YoY: -6.1% · Median days on market: 39 · Sellers cutting price: 32.3% · Median listing price: $249,500 (-31.1% YoY)

Mitchell snapshot

As of the latest 2026 data
Median listing
$250K
YoY -0.3%
Active inventory
62
YoY -0.1%
Median DOM
39
YoY -0.4%
Pending ratio
0.04
YoY -0.0%
Price-reduced
18.9%
YoY -0.1%

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