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Sioux Falls, SD 57106 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Sioux Falls, SD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 112112PendingPending sales: 1212
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): $291k$291kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Sioux Falls, SD
Distribution of 483 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $288k to $380k
$195k to $235k: 26 sales$195k$235k to $275k: 46 sales$275k to $315k: 103 sales$275k$315k to $355k: 109 sales109sales$355k to $395k: 80 sales$355k$395k to $435k: 45 sales$435k to $475k: 18 sales$435k$475k to $515k: 10 salesMedian $330k

What the numbers say

As of September 14, 2026, Resideline is tracking 112 active listings and 12 pending sales in ZIP code 57106. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $290,662, while the median of the 483 closed sales Resideline tracked over the last six months was $329,900. 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 62 days.

Frequently asked questions

What is the median home price in 57106?

The median closed sale price in Sioux Falls, SD 57106 was $329,900 over the last six months, based on 483 closed sales tracked by Resideline. The middle half of those sales ranged from $288,000 to $380,000.

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

Resideline is currently tracking 12 pending sales against 112 active listings in 57106, a pending-to-active ratio of 0.11. 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 balanced market.

Nearby ZIP code market data

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