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Sioux Falls, SD 57103 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Sioux Falls, SD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 4545PendingPending sales: 44
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): $310k$310kSoldMedian sold price (last 6 months): $294k$294k
What homes actually sell for in Sioux Falls, SD
Distribution of 263 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $228k to $422k
$138k to $203k: 27 sales$138k$203k to $269k: 67 sales67sales$269k to $334k: 46 sales$269k$334k to $400k: 38 sales$400k to $466k: 25 sales$400k$466k to $531k: 20 sales$531k to $597k: 6 sales$531k$597k to $662k: 6 salesMedian $294k

What the numbers say

As of October 26, 2026, Resideline is tracking 45 active listings and 4 pending sales in ZIP code 57103. That pending-to-active ratio of 0.09 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $310,000, while the median of the 263 closed sales Resideline tracked over the last six months was $293,643. 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 77 days.

Frequently asked questions

What is the median home price in 57103?

The median closed sale price in Sioux Falls, SD 57103 was $293,643 over the last six months, based on 263 closed sales tracked by Resideline. The middle half of those sales ranged from $228,000 to $422,500.

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

Resideline is currently tracking 4 pending sales against 45 active listings in 57103, a pending-to-active ratio of 0.09. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 57103 is currently a typical-pace market.

Nearby ZIP code market data

Full Sioux Falls, SD housing market report →

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