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

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 HOMES

Average 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
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 12/3/2022 7:44 PM CST REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
This site powered by CINC: www.cincpro.com