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Foreclosure Homes in Brookings, SD

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Brookings, SD Foreclosures

How much do homes sell for in Brookings, SD?
The average home price is currently $323,760.
In Brookings, SD, how many homes are available?
There are currently 13 active home listings available in Brookings.
What’s the average rental cost in Brookings, SD?
The average rental price in Brookings is $1,229.
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 community that combines the benefits of a college town with a family-friendly environment. It offers excellent educational institutions, numerous recreational activities, and a strong sense of community, making it an attractive location for real estate investment. Its connectivity and amenities further enhance its appeal.

Current Market Conditions in Brookings, SD

The real estate market in Brookings is experiencing a steady growth trend, driven by the presence of South Dakota State University and a continually expanding economy. In recent years, property values have appreciated, making it a favorable market for investors looking for rental properties or long-term investment opportunities.

With a balanced mix of single-family homes, townhouses, and multi-family units, Brookings provides various options for investors. The demand for rental properties is on the rise, largely due to the university's influx of students and young professionals seeking affordable housing in the area.

Home Value Estimator For Brookings, SD

There are currently 6,837 real estate properties in Brookings, SD, with a median automated valuation model (AVM) price of $297,168.00. 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 $323,760.00, 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 $1,229.00. 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: 13

Market Values:

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

Average Sales Price: $323,760

Rental Values:

Rental from $600 to $2,710

Average Rent Value: $1,229 / month

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