Zip 57106 (Sioux Falls, SD) Housing

The housing median value in 57106 Sioux Falls, SD is $301,200, which is significantly lower than the US house median value of $338,100. However, the one year house appreciation in this area is 12.34%, which is higher than the US one year house appreciation of 8.27%. This indicates that housing prices in 57106 Sioux Falls, SD are increasing at a faster rate than the national average. As such, it could be a good investment opportunity as the property values continue to appreciate over time.

The median home cost in Sioux Falls (zip 57106) is $301,200. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Sioux Falls (zip 57106) is up 17.7%.

Average Age of Homes

- The median age of Sioux Falls (zip 57106) real estate is 23 years old

The Rental Market in Sioux Falls (zip 57106)

- Renters make up 36.2% of the Sioux Falls (zip 57106) population
- 1.0% of houses and apartments in Sioux Falls (zip 57106), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sioux Falls, South Dakota	United States
	20,538.0	139,647,020.0
	24	42
	$301,200	$338,100
	17.7%	16.6%
	57.7%	57.0%
	95.2%	101.1%
	$12.45	$10.98
	$2,768	$2,690
	60.3%	57.4%
	2.4%	11.2%
	37.2%	31.4%
Vacant Housing
	1.0%	1.9%
	0.4%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	1.2%	2.4%
	0.7%	2.8%
	0.9%	3.9%
	0.3%	4.5%
	7.1%	11.3%
	21.1%	13.0%
	42.6%	20.1%
	12.4%	13.6%
	5.0%	8.3%
	2.1%	9.7%
	0.8%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	29.8%	13.6%
	29.8%	13.6%
	19.0%	13.6%
	15.5%	13.2%
	13.7%	14.8%
	19.0%	13.6%
	1.9%	10.0%
	0.3%	4.7%
	2.3%	12.2%