Sioux Falls, SD—57108
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$439,000
2.9% YoY Growth
Household Income
$96,200
5.7% YoY Growth
Days on Market
51
49.0% Longer YoY
Home Price Forecast
0.3%
Median Rent
$1,240
12.7% YoY Growth
1-Bed Rent
$900
9.3% YoY Growth
2-Bed Rent
$1,130
6.5% YoY Growth
3-Bed Rent
$1,900
4.5% YoY Growth
Home Price Trends — Sioux Falls, SD
As of May '26, the median home price in Sioux Falls, SD is $439,000, with a year-over-year change of 2.9%. This indicates that home prices in Sioux Falls, SD are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $439,000 | 2.9% |
| Single Family | $450,000 | 3.0% |
| Condos | $227,000 | 7.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |