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Joe Foss Field (Sioux Falls Regional Airport) Northwest Sioux Falls (Sioux Falls-NW) West Pointe

SIOUX FALLS, SD 57107

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

Neighborhoods in ZIP 57107

Joe Foss Field (Sioux Falls Regional Airport) · Northwest Sioux Falls (Sioux Falls-NW) · West Pointe

Market Analysis

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

The SIOUX FALLS, SD real estate market (57107) currently shows 95 active listings, with 30 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 66 days last year.

The median listing price has fallen 6.6% year-over-year, from $371,800 to $347,250.

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: 10,994  ·  Density: 90.8/mi²  ·  Median household income: $76,567

Typical home value: $220,670  ·  Homeownership: 68.6%

Market Overview

Active Listings
95
⇧ 11.8% vs 85 last year
Pending
30
32% pending ratio
Median Price
$347,250
⇩ 6.6% vs $371,800 last year
Average Price
$495,893
⇧ 22.6% vs $404,631 last year
Days on Market
58
⇩ 12.1% vs 66 days last year

Price Per Square Foot

Median $/sqft
$214
⇩ 4.9% vs $225/sqft last year
Median Home Size
1,514 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 95 this year vs 85 last year
  • Days on market: 58 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $347,250 (-6.6% YoY)
  • Average: $495,893 (+22.6% 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 20.6 miles — 757 listings ($378,324,918 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57107Sioux Falls, SD 571070.0 mi97$37,609,713$344,600$387,729
57104Sioux Falls, SD 571045.8 mi101$36,431,811$249,900$360,711
57055Renner, SD 570556.4 mi2$2,129,900$1,064,950$1,064,950
57033Hartford, SD 570337.2 mi20$12,762,880$477,500$638,144
57110Sioux Falls, SD 571109.7 mi262$156,372,866$495,175$596,843
57064Tea, SD 5706410.0 mi88$37,673,240$387,300$428,105
57005Brandon, SD 5700511.6 mi81$44,872,056$438,650$553,976
57032Harrisburg, SD 5703213.6 mi68$33,856,248$447,450$497,886
57018Colton, SD 5701816.3 mi3$914,799$279,950$304,933
57030Garretson, SD 5703017.2 mi12$6,704,640$399,900$558,720
57022Dell Rapids, SD 5702218.2 mi9$3,959,577$384,950$439,953
57053Parker, SD 5705320.4 mi8$2,428,040$305,825$303,505
51241Larchwood, IA 5124120.6 mi6$2,609,148$483,250$434,858

Frequently Asked Questions

How many homes are for sale in SIOUX FALLS, SD 57107?

As of March 2026, there are 95 active listings in SIOUX FALLS, SD (zip code 57107), compared to 85 the prior year.

What is the median home price in SIOUX FALLS, SD 57107?

The median listing price in SIOUX FALLS, SD 57107 is $347,250 as of March 2026, a 6.6% decrease from $371,800 the prior year.

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

Homes in SIOUX FALLS, SD 57107 spend an average of 58 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in SIOUX FALLS, SD 57107?

Based on current inventory and days-on-market data as of March 2026, SIOUX FALLS, SD 57107 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 66 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 57107 save an estimated $6,945 compared to a typical 5% commission on the median listing price of $347,250. 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.