53Alpha

Minnehaha County, SD Housing Market Brief

county · SD · as of July 2026

Balanced

What is Minnehaha County, SD’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
54
Inventory Health25%
54
Affordability20%
43
Economic Strength20%
78
Rental Yield15%
31

Where is Minnehaha County, SD in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Minnehaha County, SD is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Minnehaha County, SD?

Our model forecasts Minnehaha County, SD’s home prices to rise about 1.8% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Minnehaha County, SD housing market data

MetricValueYoY
Median Sale Price$340K▲ +3.9%
Median Days on Market30 days-46.4%
Months of Supply2.1-8.7%
Homes for Sale579-9.5%
Homes Sold278-1.1%
Median Price / Sq Ft$189▲ +2.2%

How has Minnehaha County, SD’s Alpha Score moved?

Now: 53
12-period trend
Median sale price · 12 mo

Markets like Minnehaha County, SD

Frequently asked questions

Is Minnehaha County, SD a buyer's or seller's market?

As of July 2026, Minnehaha County, SD is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Minnehaha County, SD?

The median sale price in Minnehaha County, SD is $340K, having risen 3.9% over the past year.

How affordable is Minnehaha County, SD?

Minnehaha County, SD scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Minnehaha County, SD's Alpha Score?

Minnehaha County, SD's strongest dimension is Economic Strength (78/100) and its weakest is Rental Yield (31/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Minnehaha County, SD? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.