Why Live in Mitchell
Mitchell, South Dakota, is a community with deep agricultural roots, best exemplified by The World's Only Corn Palace, a unique venue adorned with grain murals. With a population of over 15,000, Mitchell is experiencing growth and development, including a new $500 million soybean plant set to open in 2025. Housing options range from historic homes dating back to the 1880s to modern residences along Lake Mitchell, with new multi-family housing projects underway. The Mitchell School District is highly rated, and the city is investing in educational infrastructure, including a new high school. Mitchell hosts Dakotafest, a major agricultural trade show that significantly boosts local tourism. Downtown features Italianate architecture with various small shops, while larger chain stores are located in the southern part of the city. Recreational attractions include Lake Mitchell, offering hiking, fishing, and camping, and Hitchcock Park, which has an aquatic center. The city is situated at the intersection of Interstate 90 and South Dakota Highway 30, approximately 70 miles from Sioux Falls. Infrastructure improvements are ongoing, focusing on water sources, sewers, and downtown enhancements. Mitchell experiences warm summers and cold winters, with an average of 40 inches of snow annually. The area is in Tornado Alley, with historical tornado events. Crime rates have decreased recently, aligning with state trends.
Home Trends in Mitchell, SD
On average, homes in Mitchell, SD sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in Mitchell, SD over the last 12 months is $217,750, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$217,750
Median Single Family Sale Price
$235,000
Median 2 Bedroom Sale Price
$374,500
Average Price Per Sq Ft
$134
Number of Homes for Sale
14
Last 12 months Home Sales
218
Median List Price
$228,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%