Sioux Falls, SD
Housing market overview · Updated weekly
$331,250median sale price
Homes sold
140
Last 12 weeks
Days on market
73
Average pace
Active listings
593
4.2 months supply
Sale-to-list
98.6%
Below asking
The Sioux Falls housing market is currently classified as a leaning buyer's with a median sale price of $331,250. Prices have risen 4.4% compared to last year, with homes spending an average of 73 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Sioux Falls?
The median home sale price in Sioux Falls is $331,250, up 4.4% from last year.
How long do homes stay on market in Sioux Falls?
Homes typically spend 73 days on market before going under contract.
Is Sioux Falls a buyer's or seller's market?
With 4.2 months of supply, Sioux Falls is currently a leaning buyer's.
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