Call or Text (240) SELL-123
City / Town Overview

Sioux Falls, SD

Aggregate real estate market report across all ZIPs in scope
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Sioux Falls, SD real estate market currently shows 1,137 active listings, with 347 pending sales. Homes are averaging 51.2 days on the market before going under contract.

Inventory has increased compared to last year, with 214 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51.2 days on market compared to 51.3 days last year.

The median listing price has fallen 2.6% year-over-year, from $371,982 to $362,375.

Whether you are buying or selling in Sioux Falls, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Sioux Falls, SD and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 199,595  ·  Density: 722.4/mi²  ·  Median household income: $74,660

Typical home value: $258,479  ·  Homeownership: 61%

Included Areas

Sioux Falls: 57101, 57103, 57104, 57105, 57106, 57107, 57108, 57109, 57110, 57117, 57118, 57186

Area Map

Market Overview

Active Listings
1,137
⇧ 23.2% vs 923 last year
Pending
347
31% pending ratio
Median Price
$362,375
⇩ 2.6% vs $371,982 last year
Average Price
$452,731
⇧ 2.1% vs $443,546 last year
Days on Market
51.2
⇩ 0.2% vs 51 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 2.2% vs $208/sqft last year
Median Home Size
1,733 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %