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Foreclosure Homes in Brookings, SD

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Brookings, SD Foreclosures

Current Market Conditions in in Brookings, SD As of April 2026?
Over the past month, the Brookings real estate market has remained stable, with a slight uptick in home sales as the summer season encouraged more buyers entering the market. While inventory remains somewhat low, the demand for homes continues to increase, pushing prices slightly higher. Recent listings have included well-maintained single-family homes and townhouses that cater to the community's diverse preferences.
How much do homes sell for in Brookings, SD?
The average home price is currently $325,596.
In Brookings, SD, how many homes are available?
There are currently 9 active home listings available in Brookings.
What’s the average rental cost in Brookings, SD?
The average rental price in Brookings is $1,231.
What is the most expensive home in Brookings?
The most expensive home sold in Brookings had a price of $7,720,600.
What is currently the cheapest priced home in Brookings, SD?
The cheapest home for sale in Brookings is priced at $27,300.

Living in Brookings, SD

Brookings, SD, is a thriving college town recognized for its welcoming atmosphere and access to quality education. With robust employment options and a plethora of recreational activities, it is a desirable location for residents of all ages. The combination of small-town charm and modern conveniences make Brookings an appealing place to live.

Buyer vs Seller Market in Brookings, SD

The real estate market in Brookings has shown steady growth over the past few years, driven by the increasing demand for housing due to the presence of South Dakota State University. The town has seen a gradual rise in home values as more new residents are drawn to the community for its educational opportunities and quality of life.

Currently, homes in Brookings are averaging about $250,000, with a variety of styles and price points available, appealing to first-time homeowners, families, and investors alike.

Home Value Estimator For Brookings, SD

There are currently 7,118 real estate properties in Brookings, SD, with a median automated valuation model (AVM) price of $292,008.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brookings, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Brookings, SD, is $325,596.00, with the most expensive house in Brookings, SD, topping out at $7,720,600.00 and the cheapest home in Brookings, SD, clocking in at $27,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Brookings, SD!

Rent Prices In Brookings, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brookings, SD, is on a rollercoaster ride. The average rent price in Brookings, SD, is $1,231.00. Indeed, when looking to rent in Brookings, SD, you can expect to pay as little as $600.00 or as much as $2,710.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Brookings, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Brookings, SD Foreclosures

Market Trend for Brookings, SD

Total Listings Available: 9

Market Values:

Home Prices from $27,300 to $7,720,600

Average Sales Price: $325,596

Rental Values:

Rental from $600 to $2,710

Average Rent Value: $1,231 / month

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