5 hours on RocketTour
#22505972, David Mettler, Listing office: Keller Williams Realty Sioux Falls
Sioux Falls Housing Market Report July 2025•Minnehaha County, South Dakota
Housing Prices in Sioux Falls, SD
How much do homes in Sioux Falls, SD cost?
Median List Price
$369,900$200/SqFt
-$10,000
-2.6%
Based on all homes listed in July 2025
Insight
The list price of homes in Sioux Falls has decreased by 2.6% since June.
Summary: The median home list price in Sioux Falls was $369,900 in July 2025, down 2.6% from the previous month, and the median price per square foot was $200.
Median List Price By Cities
| City | Jun 2025 | Jul 2025 | Change MoM |
|---|---|---|---|
| Split Rock Township | $674.9K | $694.4K | +2.9% |
| Springdale Township | $439.9K | $429.9K | -2.3% |
| Sioux Falls | $379.9K | $369.9K | -2.6% |
| Wayne Township | $409.9K | $374.9K | -8.5% |
Median List Price By Bedrooms
| Beds | Jun 2025 | Jul 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $224.9K | $224.9K | 0.0% |
| 22 Bedrooms | $299.8K | $279.9K | -6.7% |
| 33 Bedrooms | $330K | $322.4K | -2.3% |
| 44 Bedrooms | $407K | $405K | -0.5% |
| 55+ Bedrooms | $696.9K | $674.9K | -3.2% |
Summary: Sioux Falls housing price by bedroom type for July 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -6.7%. The home price for 3 bedroom homes decreased by -2.3%. The home price for 4 bedroom homes decreased by -0.5%. The home price for 5 bedroom homes decreased by -3.2%.
How does Sioux Falls, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Sioux Falls, SD
Housing supply in Sioux Falls, SD
How many homes are available in Sioux Falls, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,025Last MonthJul 2025 | ||
| 7002 months agoJun 2025 | +46.4 % Change MoMJun – Jul |
Summary: The Sioux Falls real estate market had 1,025 homes for sale in Jul 2025, a 46.4 % increase compared to Jun 2025.
Homes For Sale By Bedroom Count
| Beds | Jun 2025 | Jul 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 11 | 19 | +72.7% |
| 22 Bedrooms | 138 | 206 | +49.3% |
| 33 Bedrooms | 242 | 348 | +43.8% |
| 44 Bedrooms | 183 | 269 | +47.0% |
| 55+ Bedrooms | 126 | 183 | +45.2% |
Summary: Sioux Falls housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +72.7%. The inventory for 2 bedroom homes increased by +49.3%. The inventory for 3 bedroom homes increased by +43.8%. The inventory for 4 bedroom homes increased by +47.0%. The inventory for 5 bedroom homes increased by +45.2%.
Asking Price vs. Sold Price
How much do homes in Sioux Falls, SD cost?
Over Asking Price17 Homes
At Asking Price25 Homes
Under Asking Price44 Homes
Insight
If you're buying a home in Sioux Falls, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Sioux Falls in July 2025, up by 100.0% month-over-month. Of the 86 sold homes, 51% were sold under asking, 29% were sold at asking, and and 20% were sold over asking.
Days on Market for Sioux Falls, SD
How long does it take to sell a home in Sioux Falls, SD?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days66 Homes
Over 90 Days17 Homes
Insight
Avg time on Rocket Homes in Sioux Falls has remained consistent over time.
Summary: During July 2025, 86 homes were sold in Sioux Falls; 2% of homes were sold within 30 days, 77% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 65 DaysLast MonthJul 2025 | ||
| 67 Days1 month agoJun 2025 | -3.1 % Change MoMJun – Jul |
Summary: Homes in Sioux Falls had an average listing age of 65 days in Jul 2025, down by 3.1% compared to the previous month.
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Newest Listings in Sioux Falls, SD
What homes are available in Sioux Falls, SD?
1 day on RocketTour
#22505968, Beth Meyer, Listing office: 605 Real Estate LLC
2 days on Rocket
#22505966, Diane Dahl, Listing office: Keller Williams Realty Sioux Falls
2 days on Rocket
#22505965, Nikki Petit, Listing office: N P Realty LLC
2 days on RocketTour
#22505962, Shelbie Berndt, Listing office: eXp Realty
2 days on Rocket
#22505961, Mallory Kuiper, Listing office: Hegg, REALTORS
2 days on Rocket
#22505960, Tyler Stunes, Listing office: Amy Stockberger Real Estate
2 days on Rocket
#22505959, Travis LaQua, Listing office: Hegg, REALTORS
2 days on Rocket
#22505956, Colleen Kelly, Listing office: Amy Stockberger Real Estate
2 days on Rocket
#22505950, Matthew Fisher, Listing office: Keller Williams Realty Sioux Falls
2 days on RocketTour
#22505947, Codi Nincehelser, Listing office: Keller Williams Realty Sioux Falls
2 days on RocketTour
#22505944, Tony Ratchford, Listing office: Keller Williams Realty Sioux Falls
Nearby markets
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Sioux Empire MLS, for the period 06/01/2025 - 08/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/4/2025, 12:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.