Is Milbank, SD 57252 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Milbank is a seller’s market. With about 2.5 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score38/ 100

More competitive than 37% of U.S. ZIP codes, and #20 of 33 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.5Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list94.1%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$92▲ +14.2% vs. last year

Nearby markets

Big Stone City 57216Seller’s market $197 /sq ftMarvin 57251 — /sq ftRevillo 57259Seller’s market $32 /sq ftStockholm 57264 $75 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology