Sioux Falls, SD housing market
The typical Sioux Falls home is worth about $332,000, up 1.3% in a year, close to the South Dakota typical home. Homes typically sell in 31 days, close to asking.
Home values, sales, trends and how Sioux Falls compares with the towns next door — updated as new data is published.
Sioux Falls at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Sioux Falls | South Dakota |
|---|---|---|
| 2017 | $193,000 | $186,000 |
| 2018 | $204,000 | $195,000 |
| 2019 | $215,000 | $203,000 |
| 2020 | $228,000 | $215,000 |
| 2021 | $246,000 | $235,000 |
| 2022 | $284,000 | $272,000 |
| 2023 | $308,000 | $297,000 |
| 2024 | $317,000 | $301,000 |
| 2025 | $328,000 | $312,000 |
| 2026 | $332,000 | $319,000 |
| August 2026 | $332,000 | $322,000 |
Sioux Falls and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Sioux Falls | $332K | +1.3% | 31 | $75,970 |
| Brandon | $395K | +2% | — | $114,271 |
| Pine Lakes Addition | — | — | — | $170,795 |
4.4 years of income
The typical Sioux Falls home costs about 4.4 years of the town's median household income, about the same as across South Dakota (4.3).
How Sioux Falls ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Sioux Falls
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.