House Prices

House Prices & Home Values Mitchell, SD 2026


Average Data

average house price$145,634
average size per house2413 ft²
average price per ft²61 $ / ft²

02/11/2026 - The value range (VR) for house prices in Mitchell, SD is $87/ sqft to $87/ sqft. An average home with 2413 sqft costs approximately $209,931 to $209,931. Mitchell, SD includes 1 ZIP codes and it is located in Davison county. The lowest prices are found in ZIP 57301, while the highest are in ZIP 57301. The average price per sqare feet is $61. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Mitchell

5730182 $ / ft²




Historical development of home values in Mitchell

Year Estimated value (USD) Change vs. 2025
2010 $67,635 -53.6%
2011 $65,020 -55.4%
2012 $64,845 -55.5%
2013 $67,268 -53.8%
2014 $70,613 -51.5%
2015 $74,237 -49.0%
2016 $78,111 -46.4%
2017 $82,327 -43.5%
2018 $86,879 -40.3%
2019 $90,907 -37.6%
2020 $95,607 -34.4%
2021 $108,743 -25.3%
2022 $126,769 -13.0%
2023 $133,684 -8.2%
2024 $141,418 -2.9%
2025 $145,634 0.0%

Graph: estimated home values in Mitchell over time (USD)



Example: 100% financing house in Mitchell

Loan amount: $145,634

Interest rate: 6.00%

Fixed monthly payment: $873.15

Breakdown in the 1st month:
Interest portion: $728.17  –  Principal portion: $144.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,689.39 $1,788.40 $143,845.60
2 $8,579.09 $1,898.71 $141,946.89
3 $8,461.98 $2,015.82 $139,931.07
4 $8,337.65 $2,140.15 $137,790.93
5 $8,205.65 $2,272.15 $135,518.78
6 $8,065.51 $2,412.29 $133,106.49
7 $7,916.72 $2,561.07 $130,545.42
8 $7,758.76 $2,719.03 $127,826.39
9 $7,591.06 $2,886.74 $124,939.65
10 $7,413.01 $3,064.78 $121,874.87
11 $7,223.98 $3,253.81 $118,621.05
12 $7,023.29 $3,454.50 $115,166.55
13 $6,810.22 $3,667.57 $111,498.98
14 $6,584.02 $3,893.78 $107,605.21
15 $6,343.86 $4,133.94 $103,471.27
16 $6,088.89 $4,388.91 $99,082.37
17 $5,818.19 $4,659.61 $94,422.76
18 $5,530.79 $4,947.00 $89,475.76
19 $5,225.67 $5,252.12 $84,223.64
20 $4,901.73 $5,576.06 $78,647.58
21 $4,557.81 $5,919.98 $72,727.60
22 $4,192.68 $6,285.11 $66,442.50
23 $3,805.03 $6,672.76 $59,769.73
24 $3,393.47 $7,084.32 $52,685.41
25 $2,956.52 $7,521.27 $45,164.14
26 $2,492.63 $7,985.16 $37,178.98
27 $2,000.12 $8,477.67 $28,701.31
28 $1,477.24 $9,000.56 $19,700.75
29 $922.10 $9,555.69 $10,145.06
30 $332.73 $10,145.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mitchell, SD


1500 sqft3900 sqft
Ø selling price$110,716$235,522
Ø fast selling$100,651$211,969
Ø high price sale$120,781$259,074

In 2026, houses in Mitchell, SD will be offered at an average price of $61 per square foot. A 1,500 sqft home priced at $110,716 is 21.51% more expensive per square foot than a 3,900 sqft home priced at $235,522. Home prices in Mitchell, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $163,053. Sellers who can wait longer may achieve a higher price of up to $199,288.


Visit Mitchell, SD

Overview

Mitchell, South Dakota is a welcoming small city off I-90 known for its unique attractions and prairie hospitality.

Top Attractions

The star attraction is the world-famous Corn Palace, a Moorish-style arena decorated annually with corn murals that celebrate regional agriculture.
Downtown Mitchell offers locally owned shops, cafes, and public art, creating a walkable core that blends history with modern amenities.
History buffs can explore the Mitchell Prehistoric Indian Village and its Archeodome, where excavations showcase Plains Village culture.

Outdoors

Outdoor enthusiasts enjoy Lake Mitchell for boating, kayaking, and fishing, with miles of trails and birding opportunities around the shoreline.
Nearby hunting grounds and wide-open prairies make the area a prime destination for pheasant season and year-round wildlife viewing.

Community and Economy

Education and community life center around Dakota Wesleyan University, which anchors cultural events, athletics, and innovation initiatives.
Mitchell?s economy blends agriculture, manufacturing, healthcare, and tourism, providing steady employment and a family-friendly cost of living.

Events and Travel Tips

Annual events, from concerts to festivals at the Corn Palace, fill the calendar and draw travelers across the Midwest.
Convenient lodging, RV parks, and dining options near the interstate make Mitchell, SD an easy and memorable stop on any South Dakota road trip.



FAQ – Home Values in Mitchell

What is the median home value in Mitchell in 2026?

In 2026, the typical home value in Mitchell is about $145,634 for an average home size of 2413 square feet. This corresponds to an average price of roughly $61 per square foot.

What is the average cost per square foot in Mitchell?

In 2026, homes in Mitchell sell for an average of around $61 per square foot, with a typical range between $87 and $87 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mitchell is about 2413 square feet, with an estimated 2026 value around $145,634.



Locations close to Mitchell, SD

Alexandria, SD86 $ / ft²
Alpena, SD85 $ / ft²
Armour, SD87 $ / ft²
Wilmot, SD197 $ / ft²
Willow Lake, SD23 $ / ft²
White, SD130 $ / ft²
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