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MILBANK, SD 57252

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MILBANK, SD real estate market (57252) currently shows 13 active listings, with 5 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 28 days on market compared to 165 days last year.

The median listing price has risen 41.7% year-over-year, from $184,500 to $261,500.

Whether you are buying or selling in MILBANK, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,669  ·  Density: 10.9/mi²  ·  Median household income: $67,035

Typical home value: $177,701  ·  Homeownership: 78.7%

Market Overview

Active Listings
13
⇧ 160% vs 5 last year
Pending
5
38% pending ratio
Median Price
$261,500
⇧ 41.7% vs $184,500 last year
Average Price
$273,429
⇧ 17.2% vs $233,329 last year
Days on Market
28
⇩ 83% vs 165 days last year

Price Per Square Foot

Median $/sqft
$129
⇧ 35.8% vs $95/sqft last year
Median Home Size
1,895 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 5 last year
  • Days on market: 28 now vs 165 last year

Median & Average Pricing

Year over Year
  • Median: $261,500 (+41.7% YoY)
  • Average: $273,429 (+17.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 39.1 miles — 149 listings ($44,910,306 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57252Milbank, SD 572520.0 mi8$2,387,264$295,725$298,408
57227Corona, SD 5722712.1 mi2$779,800$389,900$389,900
56212Bellingham, MN 5621214.8 mi2$338,000$169,000$169,000
57265Strandburg, SD 5726517.5 mi0$0$325,000$325,000
57279Wilmot, SD 5727919.5 mi1$99,900$99,900$99,900
56256Madison, MN 5625623.7 mi9$1,794,285$194,925$199,365
57237Gary, SD 5723728.8 mi2$988,900$494,450$494,450
56208Appleton, MN 5620829.4 mi14$2,597,644$169,900$185,546
57201Watertown, SD 5720130.2 mi93$33,174,123$329,400$356,711
56207Alberta, MN 5620733.3 mi1$78,500$78,500$78,500
56232Dawson, MN 5623233.8 mi15$2,542,890$157,450$169,526
56262Milan, MN 5626236.6 mi1$40,000$40,000$40,000
56295Watson, MN 5629539.1 mi1$89,000$89,000$89,000

Frequently Asked Questions

How many homes are for sale in MILBANK, SD 57252?

As of March 2026, there are 13 active listings in MILBANK, SD (zip code 57252), compared to 5 the prior year.

What is the median home price in MILBANK, SD 57252?

The median listing price in MILBANK, SD 57252 is $261,500 as of March 2026, a 41.7% increase from $184,500 the prior year.

How long do homes stay on the market in MILBANK, SD?

Homes in MILBANK, SD 57252 spend an average of 28 days on the market before going under contract, compared to 165 days the prior year.

Is it a seller's or buyer's market in MILBANK, SD 57252?

Based on current inventory and days-on-market data as of March 2026, MILBANK, SD 57252 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 28 days on market compared to 165 days last year.

How much can I save on real estate commission in MILBANK, SD?

With SELL123.com's maximum 3% commission, sellers in MILBANK, SD 57252 save an estimated $5,230 compared to a typical 5% commission on the median listing price of $261,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.