Market Overview
Home Prices in Brandon, SD
The median home value in Brandon, SD is $396,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Brandon are priced3% below average. Brandon is part of the Sioux Falls, SD metro area.
Over the past five years, Brandon home values have risen by approximately26.1%, reflecting strong long-term appreciation in this market.
Price History
Brandon Home Price Trend
City Comparison
Brandon vs. National Median
At $396,855, homes in Brandon cost 3% below the national median of $410,000. This makes Brandon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Brandon?
20% Down Payment
$79,371
on $396,855
Monthly P&I
$2,070/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,629/mo
incl. taxes & insurance
Income Needed
$105,160
gross annual (30% rule)
10% Down Option
$39,686
+ PMI applies
Loan Amount (20% dn)
$317,484
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Brandon, SD?
The median home value in Brandon is $396,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Brandon?
Over the past year, home values in Brandon have increased by 1.2%. Over five years, prices have risen approximately 26.1%.
How much do I need to earn to buy a home in Brandon?
To comfortably afford the median home price of $396,855 with a 20% down payment ($79,371) at today's rates (6.8%), you'd need a gross annual income of approximately $105,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Brandon compare to the national average home price?
The national median home value is approximately $410,000. At $396,855, homes in Brandon are 3% below the national average.
What metro area is Brandon part of?
Brandon is part of the Sioux Falls, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.