Mitchell Metro Area, SD Housing

The housing market in Mitchell, SD Metro Area is thriving, with the median value at $215,100 and a one year appreciation of 14.45%. This is significantly higher than the national average of 8.27% and even exceeds the US House median value of $338,100. With such a stable housing market, it is no wonder that so many people are choosing to move to Mitchell and take advantage of affordable housing options.

The median home cost in Mitchell Metro Area is $215,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Mitchell Metro Area is up 17.2%.

Average Age of Homes

- The median age of Mitchell Metro Area real estate is 48 years old

The Rental Market in Mitchell Metro Area

- Renters make up 31.7% of the Mitchell Metro Area population
- 5.4% of houses and apartments in Mitchell Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mitchell, South Dakota	United States
	10,731.0	139,647,020.0
	54	42
	$215,100	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$13.37	$10.98
	$2,050	$2,690
	58.5%	57.4%
	10.7%	11.2%
	30.8%	31.4%
Vacant Housing
	5.4%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.6%	0.4%
	0.4%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	3.2%	2.4%
	6.0%	2.8%
	5.6%	3.9%
	8.1%	4.5%
	20.6%	11.3%
	21.5%	13.0%
	19.1%	20.1%
	7.0%	13.6%
	3.0%	8.3%
	1.1%	9.7%
	1.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	7.1%	13.6%
	6.9%	13.2%
	16.7%	14.8%
	7.1%	13.6%
	10.8%	10.0%
	3.9%	4.7%
	29.4%	12.2%

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