Why Live in Mitchell
Mitchell is a neighborhood with deep agricultural roots, highlighted by The World's Only Corn Palace, a venue adorned with grain murals and serving as a major tourist attraction. The area is experiencing growth, with a new $500 million soybean plant set to bring 85 full-time jobs by 2025. Housing options range from historic homes dating back to the 1880s to newer, more expensive properties along Lake Mitchell. The Mitchell School District is highly rated, with recent renovations and a new high school in development. Dakota Wesleyan University and Mitchell Technical College offer higher education opportunities. Downtown Mitchell features Italianate architecture with coffee shops, restaurants, and specialty stores, while chain establishments are located in the southern part of the city. Lake Mitchell provides outdoor activities like hiking, fishing, and camping, and Hitchcock Park boasts an aquatic center. The neighborhood is safer than the national average, with a recent decrease in violent and property crimes. Mitchell is situated at the intersection of Interstate 90 and South Dakota Highway 30, about 70 miles from Sioux Falls. Infrastructure improvements are ongoing, including a new water source and updated sewers. The climate includes warm summers and cold winters, with an average of 40 inches of snow annually, and the area is prone to tornadoes.
Home Trends in Mitchell, SD
On average, homes in Mitchell, SD sell after 56 days on the market compared to the national average of 50 days. The median sale price for homes in Mitchell, SD over the last 12 months is $232,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$232,000
Median Single Family Sale Price
$246,000
Median 2 Bedroom Sale Price
$299,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
55
Last 12 months Home Sales
234
Median List Price
$249,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%