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Sioux Falls, SD 57104 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: 0.16
ActiveActive listings: 3737PendingPending sales: 66
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): $260k$260kSoldMedian sold price (last 6 months): $225k$225k
What homes actually sell for in Sioux Falls, SD
Distribution of 191 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $170k to $265k
$115k to $150k: 18 sales$115k$150k to $185k: 26 sales$185k to $220k: 34 sales$185k$220k to $255k: 44 sales44sales$255k to $290k: 29 sales$255k$290k to $325k: 10 sales$325k to $360k: 8 sales$325k$360k to $395k: 3 salesMedian $225k

What the numbers say

As of October 26, 2026, Resideline is tracking 37 active listings and 6 pending sales in ZIP code 57104. That pending-to-active ratio of 0.16 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $259,900, while the median of the 191 closed sales Resideline tracked over the last six months was $225,000. 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 57104 for 78 days.

Frequently asked questions

What is the median home price in 57104?

The median closed sale price in Sioux Falls, SD 57104 was $225,000 over the last six months, based on 191 closed sales tracked by Resideline. The middle half of those sales ranged from $170,000 to $265,000.

Is 57104 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 37 active listings in 57104, a pending-to-active ratio of 0.16. 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, 57104 is currently a faster-moving market.

Nearby ZIP code market data

Full Sioux Falls, SD housing market report →

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