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SIOUX FALLS, SD 57105

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

Market Overview

Active Listings
79
⇧ 33.9% vs 59 last year
Pending
22
28% pending ratio
Median Price
$315,000
⇧ 8.2% vs $291,175 last year
Average Price
$441,400
⇧ 2.9% vs $429,151 last year
Days on Market
68
⇧ 25.9% vs 54 days last year

Market Context

Population: 22,754  ·  Density: 1,168.4/mi²  ·  Median household income: $71,013

Typical home value: $229,753  ·  Homeownership: 64.9%

Market Analysis

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

The SIOUX FALLS, SD real estate market (57105) currently shows 79 active listings, with 22 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 54 days last year.

The median listing price has risen 8.2% year-over-year, from $291,175 to $315,000.

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: 79 this year vs 59 last year
  • Days on market: 68 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $315,000 (+8.2% YoY)
  • Average: $441,400 (+2.9% 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 20.2 miles — 768 listings ($333,781,536 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57105Sioux Falls, SD 571050.0 mi79$34,870,600$315,000$441,400
57108Sioux Falls, SD 571083.4 mi213$104,907,612$362,200$492,524
57106Sioux Falls, SD 571065.2 mi208$75,014,368$327,950$360,646
57107Sioux Falls, SD 571076.6 mi109$42,161,527$349,999$386,803
57064Tea, SD 570648.3 mi87$37,727,202$389,500$433,646
57055Renner, SD 5705510.0 mi3$3,219,900$1,090,000$1,073,300
57068Valley Springs, SD 5706812.7 mi3$1,524,900$399,900$508,300
57015Chancellor, SD 5701514.1 mi2$999,800$499,900$499,900
57039Lennox, SD 5703914.4 mi39$14,831,778$336,800$380,302
57003Baltic, SD 5700315.0 mi10$11,179,600$625,000$1,117,960
56138Hills, MN 5613817.7 mi3$973,350$324,450$324,450
56116Beaver Creek, MN 5611619.1 mi5$3,719,600$525,000$743,920
51240Inwood, IA 5124020.2 mi7$2,651,299$234,900$378,757

Frequently Asked Questions

How many homes are for sale in SIOUX FALLS, SD 57105?

As of January 2026, there are 79 active listings in SIOUX FALLS, SD (zip code 57105), compared to 59 the prior year.

What is the median home price in SIOUX FALLS, SD 57105?

The median listing price in SIOUX FALLS, SD 57105 is $315,000 as of January 2026, a 8.2% increase from $291,175 the prior year.

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

Homes in SIOUX FALLS, SD 57105 spend an average of 68 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in SIOUX FALLS, SD 57105?

Based on current inventory and days-on-market data as of January 2026, SIOUX FALLS, SD 57105 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 54 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 57105 save an estimated $6,300 compared to a typical 5% commission on the median listing price of $315,000. 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.