Start Free
All market snapshots / 57106

Sioux Falls, SD 57106 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: 0.06
ActiveActive listings: 111111PendingPending 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): $316k$316kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Sioux Falls, SD
Distribution of 492 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $286k to $380k
$180k to $220k: 14 sales$180k$220k to $260k: 43 sales$260k to $300k: 77 sales$260k$300k to $340k: 120 sales120sales$340k to $380k: 84 sales$340k$380k to $420k: 65 sales$420k to $460k: 28 sales$420k$460k to $500k: 10 salesMedian $330k

What the numbers say

As of October 26, 2026, Resideline is tracking 111 active listings and 7 pending sales in ZIP code 57106. That pending-to-active ratio of 0.06 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 $316,475, while the median of the 492 closed sales Resideline tracked over the last six months was $330,000. 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 57106 for 96 days.

Frequently asked questions

What is the median home price in 57106?

The median closed sale price in Sioux Falls, SD 57106 was $330,000 over the last six months, based on 492 closed sales tracked by Resideline. The middle half of those sales ranged from $286,000 to $380,000.

Is 57106 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 111 active listings in 57106, a pending-to-active ratio of 0.06. 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, 57106 is currently a typical-pace market.

Nearby ZIP code market data

Full Sioux Falls, SD housing market report →

Running a deal in 57106? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 57106 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.