Brookings, SD Real Estate Market 2026

Investor-grade market analytics for Brookings, South Dakota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$326,775

+6.1% year-over-year

Est. Rental Yield

4.4%

gross annual

12-Month Forecast

+6.0%

base case (Zillow ZHVF)

+6.0% year-over-year

Climate Risk

25/100

Low

Market Momentum

๐ŸŒค๏ธ
Warm
3.5mo supply ยท Score +2/7

Net migration: Bottom 16% nationally

Income Migration

โžก๏ธ Neutral0.94x

In-migrants avg $49,249 AGI vs out-migrants $52,429

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Opportunity Zone Market

1 ZIP codes in Brookings are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Brookings Market Summary

Brookings, SD is experiencing strong growth with 6.1% year-over-year appreciation, indicating a seller's market with robust demand. Affordability is moderately stretched with a price-to-income ratio of 4.85x, above the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.38% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score74/100
Price-to-Income Ratio4.8x (national avg 4.8x)
Median Household Income$67,341

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+3.0%
Base Case+6.0%
Bull Case+8.9%

Climate & Natural Hazard Risk

Brookings, SD's primary climate exposure is tornadoes (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Brookings dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.