Brookings, SD metro area Housing Market
Cool MarketComprehensive housing market data for the Brookings, SD metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$304K
↑ 20.3% YoY
Days on Market
34 days
↑ 41.7% YoY
Active Inventory
N/A
Homes Sold
2
↓ 33.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Brookings, SD metro area Market Summary
The Brookings, SD metro area housing market is cooling down. As of January 2026, the median home sale price is $304K, up 20.3% year-over-year. Homes are spending a median of 34 days on the market, 41.7% longer than a year ago.
Homes are selling for 95.2% of their list price on average, suggesting room for negotiation. 50.0% of homes sell above their asking price.
Market Opportunity Score
Based on current market conditions
67
Contributing Factors
How This Market Compares
vs. National Median
vs. South Dakota Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 28% below the national median, which could indicate stronger cash flow potential.
Brookings, SD metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
N/A
Price per Sq Ft
$148
Sale-to-List Ratio
95.2%
Months of Supply
N/A
Sold Above List
50.0%
Price Drops
N/A
New Listings
N/A
Pending Sales
4
Off Market in 2 Weeks
25.0%
Other Markets in South Dakota
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Yankton, SD metro area
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Watertown, SD metro area
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Huron, SD metro area
$167K · 87d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.