Housing Prices in Sioux Falls, SD
How much do homes in Sioux Falls, SD cost?
Median List Price
$361,942
$207/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Summary: The median home list price in Sioux Falls was $361,942 in March 2024, down 4.7% from the previous month, and the median price per square foot was $207.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162.2K | $149.9K | -7.6% |
2 Bedrooms | $333.3K | $316.9K | -4.9% |
3 Bedrooms | $356.8K | $314.9K | -11.8% |
4 Bedrooms | $399.9K | $397K | -0.7% |
5+ Bedrooms | $669.9K | $674.9K | +0.8% |
Summary: Sioux Falls housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 0.8%.
Median List Price Compared To Nearby Cities
Split Rock Township | $575K | $617K | +7.3% |
Springdale Township | $363.5K | $364.9K | 0.4% |
Wayne Township | $369.9K | $369.8K | 0% |
Sioux Falls | $379.8K | $361.9K | -4.7% |
Mapleton Township | $816.2K | $332.5K | -59.3% |
Housing Supply in Sioux Falls, SD
How many homes are available in Sioux Falls, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
421 | 665 | +58.0% |
Summary: The Sioux Falls real estate market had 665 homes for sale in March 2024, a 58.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 114 | 163 | +43.0% |
3 Bedrooms | 162 | 249 | +53.7% |
4 Bedrooms | 78 | 135 | +73.1% |
5+ Bedrooms | 63 | 112 | +77.8% |
Summary: The Sioux Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 43%, 3 bedroom homes increased by 53.7%, 4 bedroom homes increased by 73.1%, and 5+ bedroom homes increased by 77.8%.
Days on Market for Sioux Falls, SD
How long does it take to sell a home in Sioux Falls, SD?
Average Listing Age
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 69 Days | +0.9% |
Summary: Homes in Sioux Falls had an average listing age of 69 days in Mar 2024, up by 0.9% compared to the previous month.