Sioux Falls Market Report
$408,686
AVERAGE PRICE OF 601 HOMES$157,900
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,524,375
AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES$475,892
AVERAGE PRICE OF 286 NEWLY BUILT HOMES$531,633
AVERAGE PRICE OF 3 HOMES WITH A POOL$344,517
AVERAGE PRICE OF 23 REDUCED PRICE HOMESAverage Home
| Average Price | $408,686 |
| Avg Bedrooms | 3.34 beds |
| Avg Bathrooms | 2.46 baths |
Average Price by Bedrooms
| 1 bedroom | $182,425 |
| 2 bedrooms | $307,960 |
| 3 bedrooms | $352,511 |
| 4 bedrooms | $406,481 |
| 5 bedrooms | $656,527 |
Sioux Falls Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 613 | 639 | 648 | 627 | 589 |
| Average Price | $414,415 | $412,403 | $420,561 | $421,448 | $426,284 |
| Avg Price Change | +0.49% | -1.98% | -0.21% | -1.15% | n/a |
| Median Price | $352,547 | $357,219 | $351,468 | $348,602 | $354,500 |
| Med Price Change | -1.33% | +1.64% | +0.82% | -1.69% | n/a |
| Avg Bedrooms | 3.38 beds | 3.38 beds | 3.43 beds | 3.43 beds | 3.42 beds |
| Avg Bathrooms | 2.47 baths | 2.47 baths | 2.5 baths | 2.51 baths | 2.54 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Brandon Valley Hs | 119 | $596,519 | 71 days |
| Harrisburg Hs | 116 | $411,331 | 55 days |
| Lincoln Hs | 78 | $292,657 | 36 days |
| Roosevelt Hs | 81 | $310,184 | 36 days |
| Washington Hs | 91 | $383,722 | 51 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 601 | $408,686 | 55 days |
| Distressed Homes | 1 | $157,900 | 213 days |
| Multi-Million Dollar Homes | 8 | $1,524,375 | 90 days |
| Newly Built Homes | 286 | $475,892 | 75 days |
| Homes with a Pool | 3 | $531,633 | 58 days |
| Reduced Price Homes | 23 | $344,517 | 38 days |
