56Alpha

Mitchell, SD metro area Housing Market Brief

metro · as of July 2026

Balanced

What is Mitchell, SD metro area’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%
14
Inventory Health25%
92
Affordability20%
82
Economic Strength20%No data
50
Rental Yield15%
27

Where is Mitchell, SD metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Mitchell, SD metro area housing market data

MetricValueYoY
Median Sale Price$213K-5.3%
Median Days on Market44 days-10.2%
Months of Supply1.6-56.8%
Homes for Sale42-25%
Homes Sold27▲ +80%
Median Price / Sq Ft$142▲ +6.6%

How has Mitchell, SD metro area’s Alpha Score moved?

Now: 56
12-period trend
Median sale price · 12 mo

Markets like Mitchell, SD metro area

Frequently asked questions

Is Mitchell, SD metro area a buyer's or seller's market?

As of July 2026, Mitchell, SD metro area is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Mitchell, SD metro area?

The median sale price in Mitchell, SD metro area is $213K, having fallen 5.3% over the past year.

How affordable is Mitchell, SD metro area?

Mitchell, SD metro area scores 82 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Mitchell, SD metro area's Alpha Score?

Mitchell, SD metro area's strongest dimension is Inventory Health (92/100) and its weakest is Price Momentum (14/100). The Alpha Score is a weighted blend of all five dimensions.

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