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Preforeclosure Homes in Milbank, SD

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Milbank, SD Foreclosures

Current Market Conditions in Milbank, SD as of May 2026?
Home values: +1.00% MoM; rent: +0.00% MoM.
How much do homes sell for in Milbank, SD?
The average home price is currently $226,936.
In Milbank, SD, how many homes are available?
There are currently 2 active home listings available in Milbank.
What’s the average rental cost in Milbank, SD?
The average rental price in Milbank is $1,163.
What is the most expensive home in Milbank?
The most expensive home sold in Milbank had a price of $779,400.
What is currently the cheapest priced home in Milbank, SD?
The cheapest home for sale in Milbank is priced at $21,734.

Living in Milbank, SD

Milbank, SD is a Grant County community with affordable housing, local schools and medical services, and access to Big Stone Lake recreation, making it a small-market option for investors focused on steady, lower-cost residential opportunities.

Buyer vs Seller Market in Milbank, SD

Median home value: $203,058 as of 2026-05-14.

Median rent: $1,180 as of 2026-05-14.

Home values: +1.00% MoM, -8.22% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Milbank, SD

There are currently 1,501 real estate properties in Milbank, SD, with a median automated valuation model (AVM) price of $203,058.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milbank, 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 Milbank, SD, is $226,936.00, with the most expensive house in Milbank, SD, topping out at $779,400.00 and the cheapest home in Milbank, SD, clocking in at $21,734.00. In other words, there’s something for every potential homebuyer or savvy investor in Milbank, SD!

Rent Prices In Milbank, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milbank, SD, is on a rollercoaster ride. The average rent price in Milbank, SD, is $1,163.00. Indeed, when looking to rent in Milbank, SD, you can expect to pay as little as $680.00 or as much as $1,840.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Milbank, 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.

Milbank, SD Preforeclosure Homes


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