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Sioux Falls Market Report

$308,374

AVERAGE PRICE OF 1,021 HOMES

$202,628

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,245,355

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$333,073

AVERAGE PRICE OF 272 NEWLY BUILT HOMES

$411,569

AVERAGE PRICE OF 13 HOMES WITH A POOL

$310,416

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $308,374
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $134,123
2 bedrooms $216,818
3 bedrooms $240,466
4 bedrooms $318,341
5 bedrooms $491,732
Sioux Falls Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 1,036 1,027 978 980 934
Average Price $306,648 $322,392 $305,394 $310,848 $310,985
Avg Price Change -5.13% +5.57% -1.79% -0.04% +1.31%
Median Price $249,520 $249,837 $249,900 $244,739 $246,762
Med Price Change -0.13% -0.03% +2.11% -0.83% -0.62%
Avg Bedrooms 3.42 beds 3.41 beds 3.39 beds 3.4 beds 3.41 beds
Avg Bathrooms 2.54 baths 2.56 baths 2.54 baths 2.52 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brandon Valley Hs 92 $424,628 71 days
Harrisburg Hs 184 $404,236 73 days
Lincoln Hs 178 $240,995 49 days
Roosevelt Hs 288 $295,109 50 days
Washington Hs 212 $246,915 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,021 $308,374 55 days
Distressed Homes 14 $202,628 48 days
Multi-Million Dollar Homes 11 $1,245,355 92 days
Newly Built Homes 272 $333,073 83 days
Homes with a Pool 13 $411,569 67 days
Reduced Price Homes 37 $310,416 56 days
Allen Edge Real Estate Keller Williams
Tara Allen
6300 S Connie Ave
Sioux Falls, SD 57108
605-929-5010
CU Mortgage Direct
Dave Bednar
5010 S Solberg Ave
Sioux Falls, SD 57108
Phone: 605-275-1799
NMLS ID# 198863

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 Keller Williams Realty Sioux Falls 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 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 10/18/2019 12:09 PM CST REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.