48Alpha

Minnehaha County, SD Housing Market Brief

county · SD · as of May 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%
+5.054
Inventory Health25%
+3.754
Affordability20%
24
Economic Strength20%
78
Rental Yield15%
25

Where is Minnehaha County, SD in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

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%
Sale-to-List Ratio98.6%▲ +0.1%

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

Now: 48
3-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 May 2026, Minnehaha County, SD is classified as a Balanced Market, based on its Alpha Score of 48 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 24 out of 100 on affordability — relatively unaffordable 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 Affordability (24/100). 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.