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All Saints Historic District Augustana College Augustana College Historic Buildings Avera McKennan Hospital Central Sioux Falls (Sioux Falls Central) McKennan Park Historic District Northwest Sioux Falls (Sioux Falls-NW) Prairie Tree Sherman Historic District Southeast Sioux Falls (Sioux Falls-SE) Southwest Sioux Falls (Sioux Falls-SW) Western Mall

SIOUX FALLS, SD 57105

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

Neighborhoods in ZIP 57105

All Saints Historic District · Augustana College · Augustana College Historic Buildings · Avera McKennan Hospital · Central Sioux Falls (Sioux Falls Central) · McKennan Park Historic District · Northwest Sioux Falls (Sioux Falls-NW) · Prairie Tree · Sherman Historic District · Southeast Sioux Falls (Sioux Falls-SE) · Southwest Sioux Falls (Sioux Falls-SW) · Western Mall

Market Analysis

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

The SIOUX FALLS, SD real estate market (57105) currently shows 96 active listings, with 35 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 40 days last year.

The median listing price has fallen 0.3% year-over-year, from $320,000 to $319,175.

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

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

Market Overview

Active Listings
96
⇧ 3.2% vs 93 last year
Pending
35
36% pending ratio
Median Price
$319,175
⇩ 0.3% vs $320,000 last year
Average Price
$461,882
⇧ 11% vs $416,061 last year
Days on Market
42
⇧ 5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$183
⇩ 3.7% vs $190/sqft last year
Median Home Size
2,094 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 93 last year
  • Days on market: 42 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $319,175 (-0.3% YoY)
  • Average: $461,882 (+11% 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 20.2 miles — 818 listings ($357,854,345 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57105Sioux Falls, SD 571050.0 mi82$40,710,458$324,900$496,469
57108Sioux Falls, SD 571083.4 mi228$112,455,984$368,225$493,228
57106Sioux Falls, SD 571065.2 mi247$88,899,746$317,438$359,918
57107Sioux Falls, SD 571076.6 mi97$37,609,713$344,600$387,729
57064Tea, SD 570648.3 mi88$37,673,240$387,300$428,105
57055Renner, SD 5705510.0 mi2$2,129,900$1,064,950$1,064,950
57068Valley Springs, SD 5706812.7 mi4$2,454,400$613,600$613,600
57015Chancellor, SD 5701514.1 mi3$727,200$242,400$242,400
57039Lennox, SD 5703914.4 mi42$15,703,002$327,050$373,881
57003Baltic, SD 5700315.0 mi11$12,304,952$737,450$1,118,632
56138Hills, MN 5613817.7 mi1$323,200$323,200$323,200
56116Beaver Creek, MN 5611619.1 mi4$3,599,600$899,900$899,900
51240Inwood, IA 5124020.2 mi9$3,262,950$236,950$362,550

Frequently Asked Questions

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

As of March 2026, there are 96 active listings in SIOUX FALLS, SD (zip code 57105), compared to 93 the prior year.

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

The median listing price in SIOUX FALLS, SD 57105 is $319,175 as of March 2026, a 0.3% decrease from $320,000 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 42 days on the market before going under contract, compared to 40 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 March 2026, SIOUX FALLS, SD 57105 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 40 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 $6,384 compared to a typical 5% commission on the median listing price of $319,175. 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.