If you need assistance, please call 605-496-9872

Sioux Falls Market Report

$466,868

AVERAGE PRICE OF 1,213 HOMES

$245,616

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,737,269

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$491,000

AVERAGE PRICE OF 357 NEWLY BUILT HOMES

$1,439,363

AVERAGE PRICE OF 24 HOMES WITH A POOL

$581,923

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

Average Home

Average Price $466,868
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $223,803
2 bedrooms $340,046
3 bedrooms $361,186
4 bedrooms $490,524
5 bedrooms $658,864
Sioux Falls Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,078 965 890 884 857
Average Price $457,879 $447,234 $429,748 $424,197 $420,475
Avg Price Change +2.38% +4.07% +1.31% +0.89% +0.78%
Median Price $372,102 $375,773 $357,402 $349,596 $349,815
Med Price Change -0.99% +5.14% +2.23% -0.06% +1.44%
Avg Bedrooms 3.39 beds 3.34 beds 3.26 beds 3.25 beds 3.25 beds
Avg Bathrooms 2.57 baths 2.54 baths 2.49 baths 2.46 baths 2.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Harrisburg Hs 226 $497,833 58 days
Total Homes Average Price Avg Days on Site
All Homes 1,213 $466,868 62 days
Distressed Homes 6 $245,616 46 days
Multi-Million Dollar Homes 57 $1,737,269 70 days
Newly Built Homes 357 $491,000 100 days
Homes with a Pool 24 $1,439,363 54 days
Reduced Price Homes 52 $581,923 46 days

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Hegg, REALTORS®
Marcus Walgrave
6225 S Minnesota Ave
Sioux Falls, SD 57108
605-496-9872

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Hegg, REALTORS® are marked with the Internet Data Exchange™logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. “Copyright 2/4/2014 11:11:26 AM CST REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.”
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Marcus Walgraves - Hegg, REALTORS® are marked with the Internet Data Exchange™logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. “Copyright 6/23/2025 10:55 PM CST REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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