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Condo Foreclosures 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 $324,727.
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, South Dakota, is a vibrant community with a rich history and a bright future. Nestled along the scenic banks of the Brookings River, the city is known for its excellent education opportunities, diverse recreational activities, and warm hospitality. It's home to South Dakota State University, providing residents with a collegiate atmosphere and various cultural events throughout the year.

Current Market Conditions in Brookings, SD

The real estate market in Brookings is currently experiencing steady growth, with a consistent demand for single-family homes, townhouses, and rental properties due to the influx of students and families seeking a community-oriented lifestyle. As a regional hub for education and activities, Brookings continues to attract new residents, thus pushing prices and availability of homes.

With home values steadily increasing over the past few years, buyers are encouraged to act quickly in the current market. Properties are often seeing multiple offers, which has resulted in a competitive landscape for both buyers and sellers.

Home Value Estimator For Brookings, SD

There are currently 7,117 real estate properties in Brookings, SD, with a median automated valuation model (AVM) price of $286,006.00. 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 $324,727.00, 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 Condos

Market Trend for Brookings, SD

Total Listings Available: 0

Market Values:

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

Average Sales Price: $324,727

Rental Values:

Rental from $600 to $2,710

Average Rent Value: $1,231 / month

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