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Advertise here →Sioux Falls, SD · Houses & Market Data
Sioux Falls, South Dakota houses and real estate market data.
Houses in Sioux Falls, SD (Minnehaha County) — Census median home value $271,400, county listing prices down about 7.6% over the past year. Market data for Sioux Falls houses and the broader area.
Sioux Falls, SD is in Minnehaha County, South Dakota — this guide covers houses in Sioux Falls and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 197,642, with a median household income of $74,714. Census data puts Sioux Falls houses at a median value of $271,400 (all owner-occupied homes); Minnehaha County's current median listing price runs $369,575, down about 7.6% over the past year.
Market overview
Sioux Falls housing market
Sioux Falls is in Minnehaha County, South Dakota. Manifest Census and county price-trend data provide baseline context for houses in Sioux Falls and the surrounding county market.
Median home value (Census ACS)
$271,400
Population (Census ACS)
197,642
Median household income
$74,714
County price trend (2025)
2.06% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Sioux Falls market snapshot
Population
197,642
Median Household Income
$74,714
Median Home Value (city)
$271,400
Median Listing Price (Minnehaha County)
$369,575
Median Gross Rent
$993/mo
Price Trend (YoY)
-7.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Sioux Falls different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Sioux Falls's median home value — across all owner-occupied homes, not just recent sales — at $271,400. Separately, Minnehaha County's current median listing price (via Realtor.com data, 2026-06-01) runs $369,575. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Minnehaha County's FHFA house price index shows a 2.06% annual change in 2025.
Population & Income
Sioux Falls has an estimated population of 197,642 and a median household income of $74,714, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Sioux Falls's Census-reported median home value works out to about 3.6x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Sioux Falls
USAHouses.com also helps visitors looking in nearby Minnehaha County and other South Dakota communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Brandon, Dell Rapids, Hartford, Renner Corner, Pine Lakes Addition.
Brandon market data
Nearby city
Dell Rapids market data
Nearby city
Hartford market data
Nearby city
Renner Corner market data
Nearby city
Pine Lakes Addition market data
Nearby city
More South Dakota cities with market guides: Rapid City, Aberdeen, Brookings, Watertown, Mitchell, Yankton, Huron, Pierre.
Rapid City market data
Same-state city guide
Aberdeen market data
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Brookings market data
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Watertown market data
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Mitchell market data
Same-state city guide
Yankton market data
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Huron market data
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Pierre market data
Same-state city guide
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Common questions
Sioux Falls FAQ
What are houses worth in Sioux Falls, SD?
The Census Bureau's American Community Survey puts the median value of houses in Sioux Falls at $271,400. Minnehaha County's current median listing price runs $369,575, down about 7.6% over the past year.
How much do houses cost in Sioux Falls, SD?
For owner-occupied houses in Sioux Falls, Census ACS data shows a median value of $271,400. Active listing prices in Minnehaha County may differ — see the market snapshot above.
What types of houses are in Sioux Falls, SD?
Sioux Falls houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Minnehaha County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Sioux Falls, SD?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Sioux Falls's population at approximately 197,642.
What's the median rent in Sioux Falls, SD?
The Census ACS estimates median gross rent in Sioux Falls at approximately $993 per month.
What is the median household income in Sioux Falls, SD?
Census ACS data puts the median household income in Sioux Falls at approximately $74,714.
Is the Sioux Falls housing market growing?
Minnehaha County's FHFA house price index shows a 2.06% annual change in 2025.
Is Sioux Falls, SD affordable relative to income?
Census ACS data puts Sioux Falls's median home value at about 3.6 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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