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Sioux Falls, SD 57105 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Sioux Falls, SD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 5151PendingPending sales: 55
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): $325k$325kSoldMedian sold price (last 6 months): $275k$275k
What homes actually sell for in Sioux Falls, SD
Distribution of 255 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $229k to $352k
$164k to $228k: 51 sales$164k$228k to $291k: 87 sales87sales$291k to $354k: 44 sales$291k$354k to $418k: 28 sales$418k to $482k: 10 sales$418k$482k to $545k: 4 sales$545k to $608k: 6 sales$545k$608k to $672k: 1 salesMedian $275k

What the numbers say

As of October 5, 2026, Resideline is tracking 51 active listings and 5 pending sales in ZIP code 57105. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $325,000, while the median of the 255 closed sales Resideline tracked over the last six months was $275,000. 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 57105 for 68 days.

Frequently asked questions

What is the median home price in 57105?

The median closed sale price in Sioux Falls, SD 57105 was $275,000 over the last six months, based on 255 closed sales tracked by Resideline. The middle half of those sales ranged from $229,000 to $352,000.

Is 57105 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 51 active listings in 57105, a pending-to-active ratio of 0.10. 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, 57105 currently looks like a balanced market.

Nearby ZIP code market data

Full Sioux Falls, SD housing market report →

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