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SIOUX FALLS, SD 57103

Real Estate Market Report  ·  Minnehaha County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
98
⇧ 36.1% vs 72 last year
Pending
27
28% pending ratio
Median Price
$284,000
⇩ 4.7% vs $297,863 last year
Average Price
$366,870
⇧ 5.4% vs $348,087 last year
Days on Market
57
⇧ 62.9% vs 35 days last year

Market Context

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

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

Market Analysis

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

The SIOUX FALLS, SD real estate market (57103) currently shows 98 active listings, with 27 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 57 days on market compared to 35 days last year.

The median listing price has fallen 4.7% year-over-year, from $297,863 to $284,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 72 last year
  • Days on market: 57 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $284,000 (-4.7% YoY)
  • Average: $366,870 (+5.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 650 listings ($307,690,021 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57103Sioux Falls, SD 571030.0 mi98$35,953,260$284,000$366,870
57110Sioux Falls, SD 571102.8 mi241$136,265,497$492,800$565,417
57104Sioux Falls, SD 571044.6 mi88$32,642,368$249,900$370,936
57107Sioux Falls, SD 571077.5 mi109$42,161,527$349,999$386,803
57032Harrisburg, SD 570327.9 mi61$30,856,057$419,900$505,837
57068Valley Springs, SD 5706810.3 mi3$1,524,900$399,900$508,300
57020Crooks, SD 5702011.8 mi11$5,008,443$350,000$455,313
57003Baltic, SD 5700314.1 mi10$11,179,600$625,000$1,117,960
56138Hills, MN 5613815.5 mi3$973,350$324,450$324,450
57077Worthing, SD 5707715.7 mi3$1,359,840$398,750$453,280
57015Chancellor, SD 5701516.5 mi2$999,800$499,900$499,900
57013Canton, SD 5701317.8 mi14$6,114,080$274,500$436,720
51240Inwood, IA 5124019.7 mi7$2,651,299$234,900$378,757

Frequently Asked Questions

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

As of January 2026, there are 98 active listings in SIOUX FALLS, SD (zip code 57103), compared to 72 the prior year.

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

The median listing price in SIOUX FALLS, SD 57103 is $284,000 as of January 2026, a 4.7% decrease from $297,863 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 57 days on the market before going under contract, compared to 35 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 January 2026, SIOUX FALLS, SD 57103 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 57 days on market compared to 35 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 $5,680 compared to a typical 5% commission on the median listing price of $284,000. 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.