Zip 57107 (Sioux Falls, SD) Housing

Sioux Falls, SD (57107) has a median housing value of $295,100, which is significantly lower than the US House median value of $338,100. However, in the last year, the house appreciation for Sioux Falls has been 12.34%, compared to 8.27% nationally. This suggests that Sioux Falls is seeing healthy growth in its housing market and it may be a great investment opportunity for prospective buyers and renters.

The median home cost in Sioux Falls (zip 57107) is $295,100. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Sioux Falls (zip 57107) is up 17.7%.

Average Age of Homes

- The median age of Sioux Falls (zip 57107) real estate is 16 years old

The Rental Market in Sioux Falls (zip 57107)

- Renters make up 24.2% of the Sioux Falls (zip 57107) population
- 1.3% of houses and apartments in Sioux Falls (zip 57107), 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
	4,356.0	139,647,020.0
	19	42
	$295,100	$338,100
	17.7%	16.6%
	57.7%	57.0%
	95.2%	101.1%
	$12.76	$10.98
	$2,424	$2,690
	65.9%	57.4%
	4.0%	11.2%
	30.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	9.3%	2.6%
	7.9%	2.4%
	3.1%	2.8%
	1.5%	3.9%
	1.8%	4.5%
	8.0%	11.3%
	22.1%	13.0%
	28.6%	20.1%
	6.6%	13.6%
	7.3%	8.3%
	3.3%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.7%	0.2%
	26.1%	13.6%
	26.1%	13.6%
	17.8%	13.6%
	11.2%	13.2%
	8.5%	14.8%
	17.8%	13.6%
	1.8%	10.0%
	0.3%	4.7%
	1.5%	12.2%

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