House Prices

House Prices & Home Values Milbank, SD 2026


Average Data

average house price$94,523
average size per house1761 ft²
average price per ft²54 $ / ft²

04/15/2026 - The value range (VR) for house prices in Milbank, SD is $57/ sqft to $57/ sqft. An average home with 1761 sqft costs approximately $100,377 to $100,377. Milbank, SD includes 1 ZIP codes and it is located in Grant county. The lowest prices are found in ZIP 57252, while the highest are in ZIP 57252. The average price per sqare feet is $54. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Milbank

5725258 $ / ft²




Historical development of home values in Milbank

Year Estimated value (USD) Change vs. 2025
2010 $43,898 -53.6%
2011 $42,201 -55.4%
2012 $42,087 -55.5%
2013 $43,660 -53.8%
2014 $45,831 -51.5%
2015 $48,183 -49.0%
2016 $50,698 -46.4%
2017 $53,434 -43.5%
2018 $56,388 -40.3%
2019 $59,003 -37.6%
2020 $62,053 -34.4%
2021 $70,579 -25.3%
2022 $82,279 -13.0%
2023 $86,767 -8.2%
2024 $91,787 -2.9%
2025 $94,523 0.0%

Graph: estimated home values in Milbank over time (USD)



Example: 100% financing house in Milbank

Loan amount: $94,523

Interest rate: 6.00%

Fixed monthly payment: $566.71

Breakdown in the 1st month:
Interest portion: $472.62  –  Principal portion: $94.10

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,639.80 $1,160.75 $93,362.25
2 $5,568.21 $1,232.35 $92,129.90
3 $5,492.20 $1,308.35 $90,821.55
4 $5,411.51 $1,389.05 $89,432.49
5 $5,325.83 $1,474.72 $87,957.77
6 $5,234.88 $1,565.68 $86,392.09
7 $5,138.31 $1,662.25 $84,729.84
8 $5,035.78 $1,764.77 $82,965.06
9 $4,926.94 $1,873.62 $81,091.44
10 $4,811.38 $1,989.18 $79,102.26
11 $4,688.69 $2,111.87 $76,990.39
12 $4,558.43 $2,242.13 $74,748.26
13 $4,420.14 $2,380.42 $72,367.84
14 $4,273.32 $2,527.24 $69,840.61
15 $4,117.45 $2,683.11 $67,157.50
16 $3,951.96 $2,848.60 $64,308.90
17 $3,776.26 $3,024.29 $61,284.61
18 $3,589.73 $3,210.82 $58,073.78
19 $3,391.70 $3,408.86 $54,664.92
20 $3,181.45 $3,619.11 $51,045.81
21 $2,958.23 $3,842.33 $47,203.48
22 $2,721.24 $4,079.32 $43,124.16
23 $2,469.64 $4,330.92 $38,793.24
24 $2,202.51 $4,598.04 $34,195.20
25 $1,918.92 $4,881.64 $29,313.56
26 $1,617.83 $5,182.73 $24,130.83
27 $1,298.17 $5,502.39 $18,628.44
28 $958.79 $5,841.76 $12,786.67
29 $598.49 $6,202.07 $6,584.60
30 $215.96 $6,584.60 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Milbank, SD


1500 sqft3900 sqft
Ø selling price$98,011$208,495
Ø fast selling$89,100$187,645
Ø high price sale$106,921$229,344

In 2026, houses in Milbank, SD will be offered at an average price of $54 per square foot. A 1,500 sqft home priced at $98,011 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $208,495. Home prices in Milbank, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $144,342. Sellers who can wait longer may achieve a higher price of up to $176,418.

FAQ – Home Values in Milbank

What is the median home value in Milbank in 2026?

In 2026, the typical home value in Milbank is about $94,523 for an average home size of 1761 square feet. This corresponds to an average price of roughly $54 per square foot.

What is the average cost per square foot in Milbank?

In 2026, homes in Milbank sell for an average of around $54 per square foot, with a typical range between $57 and $57 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Milbank is about 1761 square feet, with an estimated 2026 value around $94,523.



Locations close to Milbank, SD

New Effington, SD59 $ / ft²
Ortley, SD61 $ / ft²
Peever, SD91 $ / ft²
Marvin, SD61 $ / ft²
Lake Preston, SD191 $ / ft²
Lake Norden, SD127 $ / ft²
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