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Why Live in Milbank
Milbank, South Dakota, is a small community with a rich baseball heritage and a strong connection to farm culture. Known as the birthplace of the American Legion Baseball league, Milbank features a classic Main Street with early 20th-century buildings housing businesses like Pizza Ranch, The Pump 2.0, and Millstone Family Restaurant. The community's main grocery store is Berens Market, with additional convenience stores nearby. Milbank's residential areas are characterized by wide streets lined with mature pine trees and homes in Craftsman and New Traditional styles, with a median construction year of 1952. Home prices have seen a significant rise, with the median sale price at $175,000 as of August 2025. Milbank Elementary School is highly rated, offering after-school programs and career prep courses. Outdoor attractions include Lake Farley Park, which features a lakeside beach and walking trails, Hurley Park with soccer fields and an ice-skating rink, and Pribyl Park with a disc golf course and skatepark. The Whetstone Creek Golf Course provides an 18-hole layout, and Hartford Beach State Park, located 14 miles north, offers hiking trails and access to Big Stone Lake. Milbank is accessible via U.S. Highway 12 and state Route 15, with Watertown Regional Airport 45 miles southwest, providing flights to Denver and Chicago. The Milbank Area Health Care Campus, a major local employer, is located about a mile east of Main Street.
Home Prices in Milbank, SD
The median home sale price in Milbank, SD is $154,500, down 9% year-over-year. Homes in Milbank sell in 17 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$154,500
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Median Single Family Sale Price
$172,500
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Median Townhouse Sale Price
$365,000
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Median 2 Bedroom Sale Price
$135,000
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Average Price Per Sq Ft
$100
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Number of Homes for Sale
8
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Last 12 months Home Sales
48
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Months of Supply
2.00
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Median List Price
$169,900
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
-9%
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