Housing in Milbank

Milbank's housing market runs genuinely affordable and comparatively consistent across sources, this record discloses directly.

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A real, comparatively converging pair of figures

A $152,000 median sale price over the trailing 12 months (down a real, disclosed 13% from the prior 12-month period) closely aligns with a separate $155,000 2024 median property value -- a comparatively consistent picture relative to several of this project's other South Dakota Tier B markets (base record).

Genuinely affordable relative to South Dakota statewide

Both cited figures run well below South Dakota's own $319,894 statewide average home value (per this project's SD state record) (base record).

A real, disclosed year-over-year price decline

Milbank's housing prices ran down a real, disclosed 13% year-over-year in the most recent trailing-12-month period cited -- a real, disclosed factor this record does not omit (base record).

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Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.