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SIOUX FALLS, SD 57110

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

Market Overview

Active Listings
241
⇧ 30.3% vs 185 last year
Pending
40
17% pending ratio
Median Price
$492,800
⇧ 5% vs $469,150 last year
Average Price
$565,417
⇧ 5.3% vs $536,941 last year
Days on Market
78
⇩ 3.7% vs 81 days last year

Market Context

Population: 21,138  ·  Density: 390.7/mi²  ·  Median household income: $85,363

Typical home value: $339,296  ·  Homeownership: 64.4%

Market Analysis

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

The SIOUX FALLS, SD real estate market (57110) currently shows 241 active listings, with 40 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 56 more homes available — giving buyers more choice.

Homes are selling faster, averaging 78 days on market compared to 81 days last year.

The median listing price has risen 5% year-over-year, from $469,150 to $492,800.

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: 241 this year vs 185 last year
  • Days on market: 78 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $492,800 (+5% YoY)
  • Average: $565,417 (+5.3% 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 19.1 miles — 883 listings ($399,038,938 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57110Sioux Falls, SD 571100.0 mi241$136,265,497$492,800$565,417
57005Brandon, SD 570054.2 mi74$39,889,404$421,950$539,046
57104Sioux Falls, SD 571045.3 mi88$32,642,368$249,900$370,936
57068Valley Springs, SD 570687.5 mi3$1,524,900$399,900$508,300
57107Sioux Falls, SD 571079.7 mi109$42,161,527$349,999$386,803
57106Sioux Falls, SD 5710610.4 mi208$75,014,368$327,950$360,646
56138Hills, MN 5613812.8 mi3$973,350$324,450$324,450
57064Tea, SD 5706413.4 mi87$37,727,202$389,500$433,646
57030Garretson, SD 5703014.1 mi8$4,448,104$366,400$556,013
57033Hartford, SD 5703316.9 mi20$11,775,640$432,450$588,782
51242Lester, IA 5124216.9 mi1$785,000$785,000$785,000
57039Lennox, SD 5703918.4 mi39$14,831,778$336,800$380,302
57015Chancellor, SD 5701519.1 mi2$999,800$499,900$499,900

Frequently Asked Questions

How many homes are for sale in SIOUX FALLS, SD 57110?

As of January 2026, there are 241 active listings in SIOUX FALLS, SD (zip code 57110), compared to 185 the prior year.

What is the median home price in SIOUX FALLS, SD 57110?

The median listing price in SIOUX FALLS, SD 57110 is $492,800 as of January 2026, a 5% increase from $469,150 the prior year.

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

Homes in SIOUX FALLS, SD 57110 spend an average of 78 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in SIOUX FALLS, SD 57110?

Based on current inventory and days-on-market data as of January 2026, SIOUX FALLS, SD 57110 is currently a Balanced Market. Inventory has increased compared to last year, with 56 more homes available — giving buyers more choice. Homes are selling faster, averaging 78 days on market compared to 81 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 57110 save an estimated $9,856 compared to a typical 5% commission on the median listing price of $492,800. 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.