Mobridge, SD Foreclosures
Current Market Conditions in in Mobridge, SD As of February 2026?
Over the past month, Mobridge's real estate market has experienced increased buyer activity, particularly in the lower to mid-price bracket. Many homes have seen multiple offers, which has led to a slight uptick in home prices compared to previous months. New listings are coming onto the market as sellers look to take advantage of the increased interest, but inventory remains limited. This continued demand suggests that the Mobridge market is adapting well to current economic conditions, with potential for further stability in prices if interest levels remain high.
How much do homes sell for in Mobridge, SD?
The average home price is currently $169,976.
In Mobridge, SD, how many homes are available?
There are currently 1 active home listings available in Mobridge.
What’s the average rental cost in Mobridge, SD?
The average rental price in Mobridge is $990.
What is the most expensive home in Mobridge?
The most expensive home sold in Mobridge had a price of $757,571.
What is currently the cheapest priced home in Mobridge, SD?
The cheapest home for sale in Mobridge is priced at $51,602.
Living in Mobridge, SD
Mobridge, SD is a welcoming small town that offers a beautiful riverside location and a rich community spirit. Residents enjoy a range of outdoor activities due to its proximity to the Missouri River and access to local parks. With an inviting atmosphere, Mobridge is perfect for families or anyone looking to experience a peaceful lifestyle.
Buyer vs Seller Market in Mobridge, SD
The current real estate market in Mobridge is showing signs of stabilization after previous fluctuations. Home prices have remained relatively stable, and there is a steady demand for housing, particularly among families and retirees. The affordability of homes compared to larger urban areas attracts many buyers seeking a quieter way of life without sacrificing amenities.
In recent months, the market has seen a slight uptick in competitive bidding on certain properties, especially those close to the river and in desirable neighborhoods. As interest rates remain accessible, the buying activity has picked up, indicating a growing interest in the Mobridge real estate market.
Home Value Estimator For Mobridge, SD
There are currently 1,336 real estate properties
in Mobridge, SD,
with a median automated valuation model (AVM) price
of $138,926.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mobridge, 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 Mobridge, SD,
is $169,976.00, with the most expensive house
in Mobridge, SD, topping out
at $757,571.00 and the cheapest home
in Mobridge, SD,
clocking in at $51,602.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mobridge, SD!
Rent Prices
In Mobridge, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mobridge, SD, is on
a rollercoaster ride. The
average rent price in Mobridge, SD,
is $990.00. Indeed, when looking to rent in
Mobridge, SD, you can expect to pay as little
as $990.00 or as much
as $990.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Mobridge, 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.