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Auctions 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 $332,588.
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 $1,230.
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 lively city that prides itself on its educational institutions, including South Dakota State University. Known for its welcoming community and outdoor recreational opportunities, Brookings provides a balanced lifestyle for families and students. With a mix of urban amenities and natural beauty, it's an attractive place for anyone looking to settle down.

Current Market Conditions in Brookings, SD

Brookings' real estate market is characterized by steady demand and a moderate supply of homes, making it a favorable time for both buyers and sellers. The presence of the university bolsters demand for rental properties and starter homes, creating a lively market atmosphere.

Investors are drawn to Brookings due to its population growth and new business developments. The market is seeing an increase in property values, driven by demand for family homes and investment properties.

The city’s economy is strong, benefiting from sectors such as education, healthcare, and agriculture, which also influence real estate trends significantly.

Home Value Estimator For Brookings, SD

There are currently 6,836 real estate properties in Brookings, SD, with a median automated valuation model (AVM) price of $299,912.00. 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 $332,588.00, 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 $1,230.00. 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 Auctions

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