43 minutes on Rocket
$10,000 Closing Credit¹
#22501673, Senta Pfeiffer, Listing Office: Hegg, REALTORS
Sioux Falls Housing Market Report February 2025•Minnehaha County, South Dakota
Housing Prices in Sioux Falls, SD
How much do homes in Sioux Falls, SD cost?
Median List Price
$349,992$199/SqFt
-$5,974
-1.7%
Based on all homes listed in February 2025
Insight
The list price of homes in Sioux Falls has decreased by 1.7% since January.
Summary: The median home list price in Sioux Falls was $349,992 in February 2025, down 1.7% from the previous month, and the median price per square foot was $199.
Median List Price By Cities
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Springdale Township | $388.1K | $394.7K | +1.7% |
| Wayne Township | $349.9K | $352.4K | +0.7% |
| Mapleton Township | $474.9K | $474.9K | 0.0% |
| Sioux Falls | $355.9K | $349.9K | -1.7% |
| Split Rock Township | $674.9K | $649.9K | -3.7% |
Median List Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $142.5K | $137.5K | -3.5% |
| 22 Bedrooms | $292.4K | $279.9K | -4.3% |
| 33 Bedrooms | $319.9K | $315K | -1.5% |
| 44 Bedrooms | $399.9K | $397.4K | -0.6% |
| 55+ Bedrooms | $694.7K | $649.9K | -6.4% |
Summary: Sioux Falls housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -3.5%. The home price for 2 bedroom homes decreased by -4.3%. The home price for 3 bedroom homes decreased by -1.5%. The home price for 4 bedroom homes decreased by -0.6%. The home price for 5 bedroom homes decreased by -6.4%.
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 |
|---|---|---|
| 769Last MonthFeb 2025 | ||
| 5112 months agoJan 2025 | +50.5 % Change MoMJan – Feb |
Summary: The Sioux Falls real estate market had 769 homes for sale in Feb 2025, a 50.5 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 55+ Bedrooms | 84 | 125 | +48.8% |
| 11 Bedroom | 8 | 14 | +75.0% |
| 22 Bedrooms | 130 | 183 | +40.8% |
| 33 Bedrooms | 174 | 263 | +51.1% |
| 44 Bedrooms | 115 | 184 | +60.0% |
Summary: Sioux Falls housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 5 bedroom homes increased by +48.8%. The inventory for 1 bedroom homes increased by +75.0%. The inventory for 2 bedroom homes increased by +40.8%. The inventory for 3 bedroom homes increased by +51.1%. The inventory for 4 bedroom homes increased by +60.0%.
Days on Market for Sioux Falls, SD
How long does it take to sell a home in Sioux Falls, SD?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 75 DaysLast MonthFeb 2025 | ||
| 78 Days1 month agoJan 2025 | -4.5 % Change MoMJan – Feb |
Summary: Homes in Sioux Falls had an average listing age of 75 days in Feb 2025, down by 4.5% compared to the previous month.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Sioux Falls, SD
What homes are available in Sioux Falls, SD?
1 hour on Rocket
$2,968 Closing Credit¹
#22501665, Annie Welsh, Listing Office: Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
2 hours on Rocket
$4,749 Closing Credit¹
#22501660, Tony Ratchford, Listing Office: Keller Williams Realty Sioux Falls
3 hours on Rocket
$3,438 Closing Credit¹
#22501659, Chris Chase, Listing Office: Results Real Estate
3 hours on Rocket
$3,859 Closing Credit¹
#22501658, Natalie Barber, Listing Office: 605 Real Estate LLC
3 hours on Rocket
$3,741 Closing Credit¹
#22501656, Noah Bailous, Listing Office: Keller Williams Realty Sioux Falls
3 hours on Rocket
$3,563 Closing Credit¹
#22501655, Mike Kleinhans, Listing Office: Keller Williams Realty Sioux Falls
3 hours on Rocket
$10,000 Closing Credit¹
#22501654, Tyler Goff, Listing Office: Hegg, REALTORS
4 hours on Rocket
$10,000 Closing Credit¹
#22501653, Tyler Goff, Listing Office: Hegg, REALTORS
4 hours on Rocket
$5,105 Closing Credit¹
#22501652, Allison Moses, Listing Office: Falls Real Estate
4 hours on Rocket
$4,905 Closing Credit¹
#22501651, Morgan Linthorne, Listing Office: Keller Williams Realty Sioux Falls
4 hours on Rocket
$8,253 Closing Credit¹
#22501649, Megan Niemeyer, Listing Office: eXp Realty
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 01/01/2025 - 03/01/2025
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: 3/13/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.