Brookings, SD housing market
The median sale price was $318,000 in May 2026.
Home values, sales, trends and how Brookings compares with the towns next door — updated as new data is published.
Brookings at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 42% in 5 years
The federal house price index for the ZIP codes around Brookings rose 42% over the past 5 years, slower than across South Dakota (50%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Brookings home at roughly $405,000 today.
Show as a table
| Year | Change that year | Since 2000 | South Dakota since 2000 |
|---|---|---|---|
| 2025 | −0.3% | +154% | +181% |
| 2024 | +8.9% | +155% | +173% |
| 2023 | +9.6% | +134% | +164% |
| 2022 | +11% | +114% | +145% |
| 2021 | +8.2% | +93% | +109% |
| 2020 | +3.9% | +79% | +88% |
| 2019 | +3.1% | +72% | +83% |
| 2018 | +3.6% | +67% | +75% |
| 2017 | +3.2% | +61% | +67% |
| 2016 | +2.8% | +56% | +59% |
| 2015 | +3.5% | +52% | +52% |
| 2014 | +1.8% | +47% | +47% |
| 2013 | +0.8% | +44% | +42% |
| 2012 | +0.7% | +43% | +38% |
| 2011 | +0.8% | +42% | +37% |
| 2010 | −1.6% | +41% | +37% |
| 2009 | +0.5% | +43% | +38% |
| 2008 | +1.8% | +42% | +38% |
| 2007 | +5.4% | +40% | +36% |
| 2006 | +5% | +33% | +31% |
| 2005 | +13% | +26% | +25% |
| 2004 | +5% | +12% | +17% |
| 2003 | +1.8% | +7% | +11% |
| 2002 | +3% | +5% | +7.9% |
| 2001 | +2% | +2% | +4.3% |
| 2000 | — | — | — |
How Brookings ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 57006, 57007, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
296 new homes permitted in 2025
Builders were permitted 296 new homes in Brookings in 2025: 94 single-family houses and 202 in buildings with two or more homes, worth about $49.6 million to build. That's 12 per 1,000 residents, faster than across South Dakota (6.6). Over the past 10 years, Brookings has permitted 1,363 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Brookings gained 1,321 residents while 1,538 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across South Dakota: 1.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 75 | 75 | 0 | $18.9 million |
| 2025 | 296 | 94 | 202 | $49.6 million |
| 2024 | 127 | 101 | 26 | $29.1 million |
| 2023 | 82 | 69 | 13 | $18.5 million |
| 2022 | 81 | 60 | 21 | $14.3 million |
| 2021 | 89 | 63 | 26 | $15.9 million |
| 2020 | 76 | 67 | 9 | $11.8 million |
| 2019 | 173 | 69 | 104 | $19.2 million |
| 2018 | 168 | 63 | 105 | $16.3 million |
| 2017 | 82 | 55 | 27 | $12.7 million |
| 2016 | 189 | 85 | 104 | $20.1 million |
| 2015 | 206 | 94 | 112 | $17.8 million |
| 2014 | 153 | 72 | 81 | $17 million |
| 2013 | 146 | 71 | 75 | $19.5 million |
| 2012 | 242 | 73 | 169 | $22.1 million |
| 2011 | 96 | 62 | 34 | $10.4 million |
| 2010 | 83 | 77 | 6 | $9.5 million |
| 2009 | 320 | 127 | 193 | $30.4 million |
| 2008 | 222 | 94 | 128 | $20.3 million |
| 2007 | 218 | 131 | 87 | $22.2 million |
| 2006 | 140 | 122 | 18 | $17.3 million |
| 2005 | 192 | 124 | 68 | $22.2 million |
| 2004 | 138 | 114 | 24 | $12.2 million |
| 2003 | 93 | 53 | 40 | $6.5 million |
| 2002 | 129 | 81 | 48 | $9.6 million |
| 2001 | 68 | 54 | 14 | $5.2 million |
| 2000 | 68 | 38 | 30 | $5 million |
How Brookings ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Brookings and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Brookings | — | −0.3%† | $950 | 296 | $63,493 |
| Brookings | $325K | +5.5% | $950 | — | $118,529 |
| Aurora | $307K | +5.7% | $940 | — | $68,646 |
| Medary | — | +3.1%† | $980 | — | $107,583 |
† FHFA price index change, where Zillow has no home value for the town.
4.2 years of income
The typical Brookings home costs about 4.2 years of the town's median household income, about the same as across South Dakota (4.3).
How Brookings ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $950
HUD's Fair Market Rent for a two-bedroom in Brookings is $950 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Brookings pay a median of $889. A two-bedroom takes about 18% of the town's median household income.
Studio $770 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57006, 57007; Brookings County, SD), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.