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All market snapshots / 57110

Sioux Falls, SD 57110 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Sioux Falls, SD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.44
ActiveActive listings: 3232PendingPending sales: 4646
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): $382k$382kSoldMedian sold price (last 6 months): $465k$465k
What homes actually sell for in Sioux Falls, SD
Distribution of 353 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $353k to $650k
$280k to $359k: 77 sales77sales$280k$359k to $438k: 65 sales$438k to $516k: 48 sales$438k$516k to $595k: 35 sales$595k to $674k: 32 sales$595k$674k to $752k: 31 sales$752k to $831k: 16 sales$752k$831k to $910k: 15 salesMedian $465k

What the numbers say

As of August 26, 2026, Resideline is tracking 32 active listings and 46 pending sales in ZIP code 57110. That pending-to-active ratio of 1.44 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $382,200, while the median of the 353 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. The median active listing in 57110 has been on the market for 1 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 353 closed sales tracked by Resideline. The middle half of those sales ranged from $352,800 to $650,000.

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

Resideline is currently tracking 46 pending sales against 32 active listings in 57110, a pending-to-active ratio of 1.44. 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 seller's market.

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