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SIOUX FALLS, SD 57103

Real Estate Market Report  ·  Minnehaha County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 57103

Central Sioux Falls (Sioux Falls Central) · Crown Pointe · Downtown Sioux Falls (Downtown) · East Sioux Falls (Sioux Falls East) · Falls Park · Northeast Sioux Falls (Sioux Falls-NE) · Southeast Sioux Falls (Sioux Falls-SE)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SIOUX FALLS, SD real estate market (57103) currently shows 116 active listings, with 54 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 47 days last year.

The median listing price has risen 7.2% year-over-year, from $275,000 to $294,675.

Whether you are buying or selling in SIOUX FALLS, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 35,785  ·  Density: 1,459.7/mi²  ·  Median household income: $70,668

Typical home value: $228,564  ·  Homeownership: 66.6%

Market Overview

Active Listings
116
⇧ 4.5% vs 111 last year
Pending
54
47% pending ratio
Median Price
$294,675
⇧ 7.2% vs $275,000 last year
Average Price
$343,073
⇧ 0.3% vs $341,955 last year
Days on Market
44
⇩ 6.4% vs 47 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 4.1% vs $170/sqft last year
Median Home Size
1,691 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 116 this year vs 111 last year
  • Days on market: 44 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $294,675 (+7.2% YoY)
  • Average: $343,073 (+0.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 708 listings ($340,872,703 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57103Sioux Falls, SD 571030.0 mi120$42,274,320$288,450$352,286
57110Sioux Falls, SD 571102.8 mi262$156,372,866$495,175$596,843
57104Sioux Falls, SD 571044.6 mi101$36,431,811$249,900$360,711
57107Sioux Falls, SD 571077.5 mi97$37,609,713$344,600$387,729
57032Harrisburg, SD 570327.9 mi68$33,856,248$447,450$497,886
57068Valley Springs, SD 5706810.3 mi4$2,454,400$613,600$613,600
57020Crooks, SD 5702011.8 mi12$5,299,368$347,450$441,614
57003Baltic, SD 5700314.1 mi11$12,304,952$737,450$1,118,632
56138Hills, MN 5613815.5 mi1$323,200$323,200$323,200
57077Worthing, SD 5707715.7 mi5$2,029,165$215,000$405,833
57015Chancellor, SD 5701516.5 mi3$727,200$242,400$242,400
57013Canton, SD 5701317.8 mi15$7,926,510$362,500$528,434
51240Inwood, IA 5124019.7 mi9$3,262,950$236,950$362,550

Frequently Asked Questions

How many homes are for sale in SIOUX FALLS, SD 57103?

As of March 2026, there are 116 active listings in SIOUX FALLS, SD (zip code 57103), compared to 111 the prior year.

What is the median home price in SIOUX FALLS, SD 57103?

The median listing price in SIOUX FALLS, SD 57103 is $294,675 as of March 2026, a 7.2% increase from $275,000 the prior year.

How long do homes stay on the market in SIOUX FALLS, SD?

Homes in SIOUX FALLS, SD 57103 spend an average of 44 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in SIOUX FALLS, SD 57103?

Based on current inventory and days-on-market data as of March 2026, SIOUX FALLS, SD 57103 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 47 days last year.

How much can I save on real estate commission in SIOUX FALLS, SD?

With SELL123.com's maximum 3% commission, sellers in SIOUX FALLS, SD 57103 save an estimated $5,894 compared to a typical 5% commission on the median listing price of $294,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.