Housing Prices in Sioux Falls, SD
How much do homes in Sioux Falls, SD cost?
Median List Price
$366,937
$201/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Summary: The median home list price in Sioux Falls was $366,937 in May 2024, down 2% from the previous month, and the median price per square foot was $201.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $148.9K | $161.9K | +8.8% |
2 Bedrooms | $326.3K | $318.8K | -2.3% |
3 Bedrooms | $329.9K | $325K | -1.5% |
4 Bedrooms | $425K | $394.9K | -7.1% |
5+ Bedrooms | $699K | $599.9K | -14.2% |
Summary: Sioux Falls housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 14.2%.
Median List Price Compared To Nearby Cities
Mapleton Township | $364.7K | $429.9K | +17.9% |
Springdale Township | $374.9K | $387.4K | +3.3% |
Wayne Township | $369.8K | $369.8K | 0.0% |
Split Rock Township | $674.9K | $670K | -0.7% |
Sioux Falls | $374.5K | $366.9K | -2.0% |
Housing Supply in Sioux Falls, SD
How many homes are available in Sioux Falls, SD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
413 | 765 | +85.2% |
Summary: The Sioux Falls real estate market had 765 homes for sale in May 2024, a 85.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 96 | 165 | +71.9% |
3 Bedrooms | 141 | 261 | +85.1% |
4 Bedrooms | 88 | 178 | +102.3% |
5+ Bedrooms | 85 | 155 | +82.4% |
Summary: The Sioux Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 71.9%, 3 bedroom homes increased by 85.1%, 4 bedroom homes increased by 102.3%, and 5+ bedroom homes increased by 82.4%.
Days on Market for Sioux Falls, SD
How long does it take to sell a home in Sioux Falls, SD?
Average Listing Age
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 Days | 57 Days | -7.6% |
Summary: Homes in Sioux Falls had an average listing age of 57 days in May 2024, down by 7.6% compared to the previous month.