Housing in Mitchell, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$252,500
Median List Price
$242,000
Price Per Sq Ft
$170
Days on Market
52
Active Inventory
34
Months of Supply
3.4
Seller's market
Zillow Home Value
$239,741
ZHVI — January 2026
Zillow Rent Index
$1,021
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
96.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
10
New Listings
7
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$170
Median List $/SF
$114
Mitchell vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Mitchell is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$182,000
Median Rent
$754
Total Housing Units
7,970
Vacancy Rate
9.3%
Owner Occupied
58.7%
Renter Occupied
41.3%
Median Property Tax
$2,327
per year
Monthly Cost (w/ Mortgage)
$869
Housing Types
The current median sale price in Mitchell, SD is $252,500 according to Redfin data. Homes spend a median of 52 days on the market. 10.0% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $170. Zillow's observed rent index is $1,021/month. About 58.7% of housing units are owner-occupied. The median year homes were built is 1972. There are 7,970 total housing units.