Current Price

$236,383

1 Month Forecast

â–² $257,748

1-Year Forecast *

â–² $275,620

5-Year Forecast *

â–² $324,076

"Is it a good time to buy homes in Mitchell?" "Does investing in real estate in Mitchell (South Dakota State, Davison County) worth it?" According to our live Forecast System, buying a house in Mitchell is a good short-term (1-year) investment*. The Mitchell average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mitchell" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Mitchell in South Dakota State, Davison County. If you are looking for homes for sale with good flipping profit, Mitchell can be a profitable property investment option. The median price of an average house in Mitchell was 236,383 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mitchell" area is 324,076 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +37.10% meaning that investing 100000 USD today may yield a profit of 37,098 USD by 2031.

Current Median Listing Price: 236,383 USD Median Listing Price Per Square Foot: 131 USD

Mitchell Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Mitchell (South Dakota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Mitchell Price Target

Mitchell median home price target in 12 months: $275,620* (upside of 16.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $250,317 $256,182 $250,317 $256,182
2024 $230,364 $236,383 $230,364 $236,383
2023 $220,441 $230,248 $220,441 $230,376
2022 $204,556 $220,809 $204,556 $220,854
2021 $174,708 $201,993 $174,708 $201,993
2020 $165,543 $173,023 $165,543 $173,023
2019 $159,770 $165,074 $159,770 $165,074
2018 $158,368 $159,669 $158,217 $159,669
2017 $151,004 $158,003 $151,004 $158,003
2016 $139,285 $149,424 $139,285 $149,424
2015 $137,584 $139,271 $136,923 $139,271
2014 $0 $137,527 $0 $137,527
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Mitchell Housing Market Forecast

How much does an average home cost in Mitchell today?

The value of an average home (the listing price) in Mitchell is $236,383 USD.

What is the average price per square foot in Mitchell?

According to Walletinvestor the median price per square foot in Mitchell is 131 USD.

Will the median listing price of homes in Mitchell grow / rise / go up?

Yes. The Mitchell home prices may rise from 236,383 USD to 275,620 USD in one year.

Is it profitable to invest in Mitchell homes?

Yes. The long-term profit potential is +16.60% in one year.

Will Mitchell house prices fall / drop?

No. See above.

What is the predicted price of a Mitchell home in 2030?

The predicted home sales price of a Mitchell home in 2030 in Mitchell is 305,804 USD.

What is the predicted price of a Mitchell home in 2035?

The predicted home sales price of a Mitchell home in 2035 in Mitchell is 381,051 USD.

Will real estate prices decrease in Mitchell?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mitchell is the 3397. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in Davison, Mitchell decreased, looking at the past 12 months.

According to Walletinvestor's Mitchell real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.299% to 236,383 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 15.859% in 2021
  • 16.349% in 2022
  • 15.279% in 2023
  • 16.919% in 2024
  • 16.189% in 2025
  • 15.359% in 2026

Based on our Mitchell real estate market research and report the predicted sales prices will increase by 364.450% in the next 10 years.

Over the last 12 months, the value of homes in Mitchell fluctuated: increasing 5 times .

Mitchell (South Dakota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Mitchell Housing Market Forecast with Real Estate Prices for 2025
August 2025 257748 233777 281718
September 2025 259324 242727 275920
October 2025 260909 238993 282825
November 2025 262504 242029 282979
December 2025 264109 249583 278635
Mitchell Housing Market Forecast with Real Estate Prices for 2026
January 2026 265723 251640 279807
February 2026 267348 244356 290340
March 2026 268982 249346 288618
April 2026 270627 254389 286864
May 2026 272281 246687 297875
June 2026 273945 252030 295861
July 2026 275620 259359 291882
August 2026 277305 256230 298380
September 2026 279000 259749 298251
October 2026 280706 252916 308496
November 2026 282422 264630 300215
December 2026 284149 256302 311995
Mitchell Housing Market Forecast with Real Estate Prices for 2027
January 2027 285050 263671 306429
February 2027 284749 263108 306390
March 2027 284770 261134 308406
April 2027 284760 263973 305547
May 2027 284992 262763 307222
June 2027 284518 258911 310125
July 2027 284644 259880 309408
August 2027 285874 268150 303599
September 2027 287622 272666 302578
October 2027 289380 267677 311084
November 2027 291150 269896 312403
December 2027 292929 269788 316071
Mitchell Housing Market Forecast with Real Estate Prices for 2028
January 2028 294226 275690 312762
February 2028 294133 267955 320311
March 2028 294196 271249 317143
April 2028 294185 271238 317131
May 2028 294062 271713 316411
June 2028 294210 264789 323631
July 2028 295227 274266 316188
August 2028 297032 280101 313963
September 2028 298745 277833 319657
October 2028 299349 279592 319107
November 2028 299151 284193 314108
December 2028 298173 278493 317852
Mitchell Housing Market Forecast with Real Estate Prices for 2029
January 2029 297323 272050 322595
February 2029 297615 277972 317257
March 2029 299103 277269 320938
April 2029 300543 276800 324286
May 2029 302099 272796 331403
June 2029 303946 282670 325222
July 2029 305804 289597 322012
August 2029 307219 286328 328110
September 2029 307938 282071 333805
October 2029 308467 284407 332528
November 2029 309397 281552 337243
December 2029 310541 294393 326689
Mitchell Housing Market Forecast with Real Estate Prices for 2030
January 2030 312439 289319 335560
February 2030 314349 294860 333839
March 2030 316271 284960 347582
April 2030 318204 301658 334751
May 2030 320150 288135 352165
June 2030 322107 298593 345621
July 2030 324076 291993 356160
August 2030 326057 293452 358663
September 2030 328051 297214 358887
October 2030 330056 302331 357781
November 2030 332074 306504 357643
December 2030 334104 304369 363839
Mitchell Housing Market Forecast with Real Estate Prices for 2031
January 2031 336146 305557 366736
February 2031 338201 320277 356126
March 2031 340269 315089 365449
April 2031 342349 310168 374530
May 2031 344442 315164 373719
June 2031 345535 323420 367649
July 2031 345170 310653 379686
August 2031 345195 312747 377644
September 2031 345183 313081 377285
October 2031 345464 320245 370683
November 2031 344890 316954 372826
December 2031 345042 323994 366089
Mitchell Housing Market Forecast with Real Estate Prices for 2032
January 2032 346534 315692 377375
February 2032 348652 321109 376196
March 2032 350784 316407 385161
April 2032 352928 328929 376927
May 2032 355086 330230 379942
June 2032 356658 325272 388043
July 2032 356545 324100 388991

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.