Housing in Sioux Falls Metro Area, South Dakota

The median home cost in Sioux Falls Metro Area is $159,228. Home appreciation the last 10 years has been 35.5%. Home Appreciation in Sioux Falls Metro Area is up 7.6%. Browse Sioux Falls Metro Area Real Estate

Average Age of Homes

- The median age of Sioux Falls Metro Area real estate is 34 years old

The Rental Market in Sioux Falls Metro Area

- Renters make up 30.7% of the Sioux Falls Metro Area population
- 1.8% of houses and apartments in Sioux Falls Metro Area, are available to rent

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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.

HOUSING	Sioux Falls, South Dakota	United States
Median Home Age	34	40
Median Home Cost	$159,228	$231,200
Home Appr. Last 12 months	7.6%	6.7%
Home Appr. Last 5 yrs.	31.9%	35.6%
Home Appr. Last 10 yrs.	35.5%	27.4%
Property Tax Rate	$14.17	$11.78
Property Taxes Paid	$2,256	$2,724
Homes Owned	63.4%	56.0%
Housing Vacant	5.8%	12.2%
Homes Rented	30.8%	31.8%
VACANT HOUSING
Vacant For Rent	1.8%	2.1%
Vacant Rented	0.4%	0.5%
Vacant For Sale	0.9%	1.0%
Vacant Sold	0.4%	0.5%
Vacant Vacation	0.5%	4.0%
Vacant Other	1.9%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	3.2%	3.5%
$20,000 to $39,999	2.3%	3.1%
$40,000 to $59,999	2.5%	3.9%
$60,000 to $79,999	3.2%	5.4%
$80,000 to $99,999	5.5%	6.3%
$100,000 to $149,999	20.8%	14.7%
$150,000 to $199,999	24.1%	14.6%
$200,000 to $299,999	22.0%	18.7%
$300,000 to $399,999	9.0%	11.0%
$400,000 to $499,999	3.5%	6.2%
$500,000 to $749,999	2.5%	7.0%
$750,000 to $999,999	0.7%	2.7%
$1,000,000 to $1,499,999	0.4%	1.5%
$1,500,000 to $1,999,999	0.2%	0.5%
$2,000,000 and over	0.3%	0.7%