Is Sioux Falls, SD 57103 a buyer’s or seller’s market?
Sioux Falls is a seller’s market. With about 2.4 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.4Under 4 months = seller’s market
Sold above original list26.9%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$173▲ +4.9% vs. last year
Run the numbers for 57103
Nearby markets
Baltic 57003Seller’s market $194 /sq ftBrandon 57005Seller’s market $189 /sq ftColton 57018 $146 /sq ftCrooks 57020Balanced $169 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology