Checked
Mitchell, SD Home Values and Rents
The typical home value in Mitchell is $252,190, 43rd highest of 73 cities and towns in South Dakota. Median rent is $851 a month.
- Typical home value
- $252,190
- 43rd of 73 in SD
- Median rent
- $851/mo
- ACS 2020-2024
- Price change, 1 year
- +1.0%
- Sep 2026
- Homeownership
- 56.6%
- SD: 68.6%
Typical home value in Mitchell
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Mitchell |
|---|---|
| Sep 2026 | $252,190 |
| Dec 2025 | $251,786 |
| Dec 2024 | $241,115 |
| Dec 2023 | $234,857 |
| Dec 2022 | $225,229 |
| Dec 2021 | $206,037 |
| Dec 2020 | $176,486 |
| Dec 2019 | $168,378 |
| Dec 2018 | $162,865 |
| Dec 2017 | $161,166 |
| Dec 2016 | $152,415 |
| Dec 2015 | $142,058 |
| Dec 2014 | $140,280 |
Over five years, Mitchell prices changed +25.4%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with South Dakota
- Median home value
- $192,200 · SD $257,400
- Median gross rent
- $851/mo · SD $946
- Home value to income
- 3.3 times the median household income ($58,620)
- Rent to income
- A year of median rent equals 17% of median household income
- Owner-occupied
- 56.6% of 7,305 households
- Housing units
- 7,885
- Vacancy rate
- 7.4%
- Median year built
- 1972
Fair Market Rents, FY2027
HUD rent standard for Davison County, SD
| Unit size | Monthly rent |
|---|---|
| Studio | $757 |
| 1 bedroom | $831 |
| 2 bedrooms | $1,087 |
| 3 bedrooms | $1,505 |
| 4 bedrooms | $1,817 |
Frequently asked questions
- What is the typical home value in Mitchell, SD?
- The typical home value in Mitchell is $252,190 (Zillow Home Value Index, Sep 2026). The South Dakota median is $257,400.
- How much is rent in Mitchell?
- The median rent in Mitchell is $851 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,087.
- Are home prices going up in Mitchell?
- The typical home value in Mitchell changed +1.0% over one year and +25.4% over five years, as of Sep 2026.
- How does Mitchell compare with the rest of South Dakota?
- Mitchell has the 43rd highest median home value of 73 cities and towns with 1,000+ residents in South Dakota.