Start Free
All market snapshots / 57103

Sioux Falls, SD 57103 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Sioux Falls, SD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 4545PendingPending sales: 77
Sioux Falls, SD: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $289k$289k
What homes actually sell for in Sioux Falls, SD
Distribution of 281 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $222k to $420k
$138k to $200k: 32 sales$138k$200k to $263k: 66 sales66sales$263k to $326k: 59 sales$263k$326k to $389k: 31 sales$389k to $452k: 28 sales$389k$452k to $514k: 22 sales$514k to $577k: 8 sales$514k$577k to $640k: 5 salesMedian $289k

What the numbers say

As of September 14, 2026, Resideline is tracking 45 active listings and 7 pending sales in ZIP code 57103. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,900, while the median of the 281 closed sales Resideline tracked over the last six months was $288,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 57103 for 59 days.

Frequently asked questions

What is the median home price in 57103?

The median closed sale price in Sioux Falls, SD 57103 was $288,900 over the last six months, based on 281 closed sales tracked by Resideline. The middle half of those sales ranged from $221,900 to $419,900.

Is 57103 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 45 active listings in 57103, a pending-to-active ratio of 0.16. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 57103 currently looks like a balanced market.

Nearby ZIP code market data

Full Sioux Falls, SD housing market report →
Run any 57103 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.