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SIOUX FALLS, SD 57107

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

Market Overview

Active Listings
109
⇧ 55.7% vs 70 last year
Pending
26
24% pending ratio
Median Price
$349,999
⇩ 6.4% vs $374,100 last year
Average Price
$386,803
⇩ 12.2% vs $440,444 last year
Days on Market
87
⇧ 11.5% vs 78 days last year

Market Context

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

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

Market Analysis

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

The SIOUX FALLS, SD real estate market (57107) currently shows 109 active listings, with 26 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 78 days last year.

The median listing price has fallen 6.4% year-over-year, from $374,100 to $349,999.

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: 109 this year vs 70 last year
  • Days on market: 87 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $349,999 (-6.4% YoY)
  • Average: $386,803 (-12.2% 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 20.6 miles — 715 listings ($348,776,349 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57107Sioux Falls, SD 571070.0 mi109$42,161,527$349,999$386,803
57104Sioux Falls, SD 571045.8 mi88$32,642,368$249,900$370,936
57055Renner, SD 570556.4 mi3$3,219,900$1,090,000$1,073,300
57033Hartford, SD 570337.2 mi20$11,775,640$432,450$588,782
57110Sioux Falls, SD 571109.7 mi241$136,265,497$492,800$565,417
57064Tea, SD 5706410.0 mi87$37,727,202$389,500$433,646
57005Brandon, SD 5700511.6 mi74$39,889,404$421,950$539,046
57032Harrisburg, SD 5703213.6 mi61$30,856,057$419,900$505,837
57018Colton, SD 5701816.3 mi2$479,800$239,900$239,900
57030Garretson, SD 5703017.2 mi8$4,448,104$366,400$556,013
57022Dell Rapids, SD 5702218.2 mi9$4,761,000$349,950$529,000
57053Parker, SD 5705320.4 mi9$2,744,550$304,950$304,950
51241Larchwood, IA 5124120.6 mi4$1,805,300$467,700$451,325

Frequently Asked Questions

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

As of January 2026, there are 109 active listings in SIOUX FALLS, SD (zip code 57107), compared to 70 the prior year.

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

The median listing price in SIOUX FALLS, SD 57107 is $349,999 as of January 2026, a 6.4% decrease from $374,100 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 87 days on the market before going under contract, compared to 78 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 January 2026, SIOUX FALLS, SD 57107 is currently a Buyer's Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 78 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 $7,000 compared to a typical 5% commission on the median listing price of $349,999. 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.