How much is a home in 57106 worth?

The typical home value in 57106 is $333,886, up 1.5% over the past year. The median list price is $329,500.

How long does it take to sell a home in 57106?

Homes in 57106 are spending a median of 46 days on market as of 2026-08-01.

Is the 57106 market competitive for sellers?

There are 219 homes for sale with 60 new listings as of 2026-08-01, and 16.4% of listings have had a price cut. That suggests buyers have some room to negotiate.

Market Intelligence · SD / Sioux Falls

Sioux Falls, SD 57106 Housing Market

The typical home value in Sioux Falls, SD 57106 is $333,886, up 1.5% over the past year. The median list price is $329,500, and homes are spending a median of 46 days on market as of 2026-08-01.

Updated August 2026Median value$334K

The median home value in Sioux Falls, SD 57106 is $334K as of August 2026, up 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 57106 range

$307K to $361K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.5% over 12 months

Aug 2025$329K

Low $329KHigh $335K

Aug 2026$334K

The numbers

What is the 57106 housing market like?

As of August 2026

Typical home value

$334K

1.5%YoY

Median list price

$330K

0.1%MoM

Days on market

2.2%MoM

Homes for sale

219

12.3%MoM

Price cuts

16.4%

35.6%MoM

New listings

21.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 57106 home prices compare?

57106$333,886
Sioux Falls$327,772
South Dakota$302,982
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Sioux Falls: 7 ZIPs; South Dakota: 145 ZIPs; United States: 26,265 ZIPs).

Context

There are 219 homes for sale in the 57106 ZIP code as of 2026-08-01, with 60 new listings added. The median list price is $329,500, and the typical home value is $333,886, up 1.5% over the past year. Homes are taking a median of 46 days to sell, and 16.4% of listings have had a price cut. Values are still rising, but only modestly, and a meaningful share of sellers are lowering their asking price. Sellers should price carefully from the start, since homes that sit are the ones most likely to need a reduction.

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