Sioux Falls, SD 57106 Housing Market
- Active listings31currently for sale
- Pending sales35under contract
- Median asking price$249,900current listings
- Inventory age4 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)420a tracked sample, not a market total
- Median sold price$327,500last 6 months
- Middle half of sold prices$284k to $380k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 31 active listings and 35 pending sales in ZIP code 57106. That pending-to-active ratio of 1.13 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $249,900, while the median of the 420 closed sales Resideline tracked over the last six months was $327,500. 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. The median active listing in 57106 has been on the market for 4 days.
Frequently asked questions
What is the median home price in 57106?
The median closed sale price in Sioux Falls, SD 57106 was $327,500 over the last six months, based on 420 closed sales tracked by Resideline. The middle half of those sales ranged from $283,500 to $380,000.
Is 57106 a buyer's or seller's market?
Resideline is currently tracking 35 pending sales against 31 active listings in 57106, a pending-to-active ratio of 1.13. 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, 57106 currently looks like a seller's market.