Sioux Falls, SD Housing Market
The Sioux Falls housing market is somewhat competitive. The median sale price of a home in Sioux Falls was $311K last month, down 5.8% since last year. The median sale price per square foot in Sioux Falls is $185, down 2.9% since last year.
Sioux Falls Housing Market Trends
In April 2024, Sioux Falls home prices were down 5.8% compared to last year, selling for a median price of $311K. On average, homes in Sioux Falls sell after 65 days on the market compared to 49 days last year. There were 225 homes sold in April this year, up from 173 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Sioux Falls housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 68 days.
- Hot homescan sell for about 1% above list price and go pending in around 36 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 1% below list price and go pending in around 85 days.
- Hot homescan sell for around list price and go pending in around 54 days.
Sioux Falls Migration & Relocation Trends
Home offer insights for Sioux Falls
Recent offers
View houses in Sioux Falls that sold recently
Recently sold homes
- $430,000 Last Sold Price5 beds3 baths2,426 sq ft2205 S Stanford Ave, Sioux Falls, SD 57106List Price$439,900Sale to List2% under listDays on Market67 days2205 S Stanford Ave, Sioux Falls, SD 57106
- $437,000 Last Sold Price3 beds2 baths1,428 sq ft5008 E 65th St, Sioux Falls, SD 57108List Price$437,000Sale to List0% over listDays on Market218 days5008 E 65th St, Sioux Falls, SD 57108
- $375,000 Last Sold Price—beds—baths—sq ft5613 E Markham Cir, Sioux Falls, SD 57110List Price$399,900Sale to List6% under listDays on Market199 days5613 E Markham Cir, Sioux Falls, SD 57110
- $370,000 Last Sold Price4 beds3 baths2,095 sq ft7652 Rose Crest Trl, Sioux Falls, SD 57108List Price$396,000Sale to List7% under listDays on Market36 days7652 Rose Crest Trl, Sioux Falls, SD 57108
- $405,000 Last Sold Price4 beds2 baths2,302 sq ft5520 S Kerry Ave, Sioux Falls, SD 57106List Price$399,900Sale to List1% over listDays on Market65 days5520 S Kerry Ave, Sioux Falls, SD 57106
- $430,000 Last Sold Price4 beds3 baths2,383 sq ft3708 E Brewster St, Sioux Falls, SD 57108-8551List Price$429,900Sale to List0% over listDays on Market44 days3708 E Brewster St, Sioux Falls, SD 57108-8551
- $224,900 Last Sold Price3 beds1 bath1,056 sq ft201 S Elmwood Ave, Sioux Falls, SD 57104List Price$224,900Sale to List0% over listDays on Market45 days201 S Elmwood Ave, Sioux Falls, SD 57104
- $520,800 Last Sold Price5 beds3 baths2,438 sq ft613 N ANTHEM Dr, Sioux Falls, SD 57103List Price$518,800Sale to List0% over listDays on Market225 days613 N ANTHEM Dr, Sioux Falls, SD 57103
See all recently sold homes in Sioux Falls.
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Schools in Sioux Falls
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Fred Assam Elementary - 06 Public • K-4 | 575 Students | 1 reviews |
9/10 Challenge Center - 51 Public • 2-5 | 164 Students | 3 reviews |
8/10 Sonia Sotomayor Elementary - 65 Public • PreK-5 | 708 Students | 1 reviews |
7/10 Endeavor Elementary - 07 Public • PreK-5 | 505 Students | N/A |
7/10 John F. Kennedy Elementary - 57 Public • K-5 | 630 Students | 1 reviews |
Climate's impact on Sioux Falls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Sioux Falls.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Sioux Falls
Walk Score®
Transit Score®
Bike Score®
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