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All Saints Historic District Avera McKennan Hospital Central Sioux Falls (Sioux Falls Central) Downtown Sioux Falls (Downtown) Elmwood Golf Course Falls Park Joe Foss Field (Sioux Falls Regional Airport) Northeast Sioux Falls (Sioux Falls-NE) Northwest Sioux Falls (Sioux Falls-NW) Old Courthouse and Warehouse District Sioux Falls Downtown Historic District Sioux Falls Historic District

SIOUX FALLS, SD 57104

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 57104

All Saints Historic District · Avera McKennan Hospital · Central Sioux Falls (Sioux Falls Central) · Downtown Sioux Falls (Downtown) · Elmwood Golf Course · Falls Park · Joe Foss Field (Sioux Falls Regional Airport) · Northeast Sioux Falls (Sioux Falls-NE) · Northwest Sioux Falls (Sioux Falls-NW) · Old Courthouse and Warehouse District · Sioux Falls Downtown Historic District · Sioux Falls Historic District

Market Analysis

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

The SIOUX FALLS, SD real estate market (57104) currently shows 101 active listings, with 29 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 52 days last year.

The median listing price has fallen 0% year-over-year, from $249,900 to $249,900.

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.

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Market Context

Market Context

Population: 26,627  ·  Density: 338.4/mi²  ·  Median household income: $54,003

Typical home value: $161,612  ·  Homeownership: 42.3%

Market Overview

Active Listings
101
⇧ 34.7% vs 75 last year
Pending
29
29% pending ratio
Median Price
$249,900
vs $249,900 last year
Average Price
$360,711
⇧ 5.2% vs $342,946 last year
Days on Market
42
⇩ 19.2% vs 52 days last year

Price Per Square Foot

Median $/sqft
$186
⇩ 4.6% vs $195/sqft last year
Median Home Size
1,428 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 75 last year
  • Days on market: 42 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $249,900 (+0% YoY)
  • Average: $360,711 (+5.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.2 miles — 580 listings ($264,295,379 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57104Sioux Falls, SD 571040.0 mi88$32,642,368$249,900$370,936
57055Renner, SD 570554.7 mi3$3,219,900$1,090,000$1,073,300
57107Sioux Falls, SD 571075.8 mi109$42,161,527$349,999$386,803
57105Sioux Falls, SD 571055.9 mi79$34,870,600$315,000$441,400
57108Sioux Falls, SD 571088.7 mi213$104,907,612$362,200$492,524
57003Baltic, SD 570039.6 mi10$11,179,600$625,000$1,117,960
57030Garretson, SD 5703012.3 mi8$4,448,104$366,400$556,013
57033Hartford, SD 5703312.8 mi20$11,775,640$432,450$588,782
51241Larchwood, IA 5124116.2 mi4$1,805,300$467,700$451,325
56138Hills, MN 5613816.8 mi3$973,350$324,450$324,450
57015Chancellor, SD 5701518.7 mi2$999,800$499,900$499,900
57018Colton, SD 5701819.3 mi2$479,800$239,900$239,900
57039Lennox, SD 5703920.2 mi39$14,831,778$336,800$380,302

Frequently Asked Questions

How many homes are for sale in SIOUX FALLS, SD 57104?

As of February 2026, there are 101 active listings in SIOUX FALLS, SD (zip code 57104), compared to 75 the prior year.

What is the median home price in SIOUX FALLS, SD 57104?

The median listing price in SIOUX FALLS, SD 57104 is $249,900 as of February 2026, a 0% increase from $249,900 the prior year.

How long do homes stay on the market in SIOUX FALLS, SD?

Homes in SIOUX FALLS, SD 57104 spend an average of 42 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in SIOUX FALLS, SD 57104?

Based on current inventory and days-on-market data as of February 2026, SIOUX FALLS, SD 57104 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 52 days last year.

How much can I save on real estate commission in SIOUX FALLS, SD?

With SELL123.com's maximum 3% commission, sellers in SIOUX FALLS, SD 57104 save an estimated $4,998 compared to a typical 5% commission on the median listing price of $249,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.