Housing in Sioux Falls, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$335,346
Median List Price
$339,900
Price Per Sq Ft
$185
Days on Market
47
Active Inventory
610
Months of Supply
4.9
Balanced market
Zillow Home Value
$322,527
ZHVI — January 2026
Zillow Rent Index
$1,207
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
15.3%
Off Market in 2 Weeks
26.9%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
124
New Listings
225
Pending Sales
141
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$185
Median List $/SF
$191
Sioux Falls vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Sioux Falls is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$271,400
Median Rent
$993
Total Housing Units
87,121
Vacancy Rate
4.9%
Owner Occupied
60.0%
Renter Occupied
40.0%
Median Property Tax
$3,201
per year
Monthly Cost (w/ Mortgage)
$1,312
Housing Types
The current median sale price in Sioux Falls, SD is $335,346 according to Redfin data. Homes spend a median of 47 days on the market. 15.3% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $185. Zillow's observed rent index is $1,207/month. About 60.0% of housing units are owner-occupied. The median year homes were built is 1992. There are 87,121 total housing units.