Is Sioux Falls, SD 57110 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sioux Falls is a seller’s market. With about 3.4 months of supply and 18% 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 supply3.4Under 4 months = seller’s market
Sold above original list17.9%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$206▼ −1.9% vs. last year

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