Local Market0 views · 1 answer
How competitive is the Mitchell housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 35/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.07
- YoY contracts vs active
- Inventory YoY
- -0.3%
- YoY active listings
- Median DOM
- 43
- YoY days on market
- Price cuts
- 28.6%
- YoY of active listings
Mitchell is soft for sellers as of May 2026, with a Sold Score of 35/100 (Challenging Market Conditions).
**Pending ratio** is 0.07 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -27.3% — fewer choices for buyers than a year ago.
**Median days on market** is 43. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 28.6% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 35/100 (Challenging Market Conditions) · Pending ratio: 0.07 · Inventory YoY: -27.3% · Median days on market: 43 · Sellers cutting price: 28.6% · Median listing price: $320,000 (-2.1% YoY)
Mitchell snapshot
As of the latest 2026 data- Median listing
- $320K
- YoY -0.0%
- Active inventory
- 56
- YoY -0.3%
- Median DOM
- 43
- YoY -0.1%
- Pending ratio
- 0.07
- YoY +0.1%
- Price-reduced
- 21.1%
- YoY +0.1%