Call or Text (240) SELL-123

MITCHELL, SD 57301

Real Estate Market Report  ·  Davison County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The MITCHELL, SD real estate market (57301) currently shows 47 active listings, with 4 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

The median listing price has fallen 29% year-over-year, from $390,500 to $277,450.

Whether you are buying or selling in MITCHELL, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MITCHELL, SD 57301 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 18,967  ·  Density: 30.7/mi²  ·  Median household income: $55,076

Typical home value: $181,304  ·  Homeownership: 62.6%

Market Overview

Active Listings
47
⇩ 19% vs 58 last year
Pending
4
9% pending ratio
Median Price
$277,450
⇩ 29% vs $390,500 last year
Average Price
$368,678
⇩ 25.6% vs $495,756 last year
Days on Market
49
vs 49 days last year

Price Per Square Foot

Median $/sqft
$174
⇧ 5.5% vs $165/sqft last year
Median Home Size
1,679 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 58 last year
  • Days on market: 49 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $277,450 (-29% YoY)
  • Average: $368,678 (-25.6% 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 42.9 miles — 84 listings ($30,536,207 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57301Mitchell, SD 573010.0 mi47$21,961,549$334,250$467,267
57359Letcher, SD 5735914.3 mi2$62,000$31,000$31,000
57331Dimock, SD 5733116.4 mi1$153,000$153,000$153,000
57374Spencer, SD 5737422.1 mi4$1,085,868$259,900$271,467
57375Stickney, SD 5737524.2 mi1$189,900$189,900$189,900
57321Canova, SD 5732127.0 mi1$99,900$99,900$99,900
57319Bridgewater, SD 5731930.4 mi3$487,350$162,450$162,450
57058Salem, SD 5705831.9 mi8$2,773,200$257,500$346,650
57376Tripp, SD 5737634.4 mi3$255,000$49,500$85,000
57312Alpena, SD 5731237.6 mi1$189,900$189,900$189,900
57012Canistota, SD 5701238.9 mi7$2,050,265$254,950$292,895
57043Marion, SD 5704341.9 mi3$1,038,900$399,900$346,300
57059Scotland, SD 5705942.9 mi3$189,375$63,125$63,125

Frequently Asked Questions

How many homes are for sale in MITCHELL, SD 57301?

As of June 2026, there are 47 active listings in MITCHELL, SD (zip code 57301), compared to 58 the prior year.

What is the median home price in MITCHELL, SD 57301?

The median listing price in MITCHELL, SD 57301 is $277,450 as of June 2026, a 29% decrease from $390,500 the prior year.

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

Homes in MITCHELL, SD 57301 spend an average of 49 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in MITCHELL, SD 57301?

Based on current inventory and days-on-market data as of June 2026, MITCHELL, SD 57301 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in MITCHELL, SD 57301 save an estimated $5,549 compared to a typical 5% commission on the median listing price of $277,450. 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.