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Sioux Falls, SD 57110 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: 0.14
ActiveActive listings: 113113PendingPending sales: 1616
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): $409k$409kSoldMedian sold price (last 6 months): $465k$465k
What homes actually sell for in Sioux Falls, SD
Distribution of 369 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $340k to $660k
$270k to $350k: 80 sales80sales$270k$350k to $430k: 60 sales$430k to $510k: 48 sales$430k$510k to $590k: 41 sales$590k to $670k: 32 sales$590k$670k to $750k: 37 sales$750k to $830k: 16 sales$750k$830k to $910k: 17 salesMedian $465k

What the numbers say

As of October 5, 2026, Resideline is tracking 113 active listings and 16 pending sales in ZIP code 57110. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $409,000, while the median of the 369 closed sales Resideline tracked over the last six months was $465,000. 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 57110 for 88 days.

Frequently asked questions

What is the median home price in 57110?

The median closed sale price in Sioux Falls, SD 57110 was $465,000 over the last six months, based on 369 closed sales tracked by Resideline. The middle half of those sales ranged from $340,000 to $660,000.

Is 57110 a buyer's or seller's market?

Resideline is currently tracking 16 pending sales against 113 active listings in 57110, a pending-to-active ratio of 0.14. 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, 57110 currently looks like a balanced market.

Nearby ZIP code market data

Full Sioux Falls, SD housing market report →

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