Market Intelligence · SD / Sioux Falls

Sioux Falls, SD 57106 Housing Market

The typical home value in Sioux Falls' 57106 ZIP is $331,603, up 1.4% over the past year. The median list price stands at $329,900, with homes spending a median of 51 days on market as of September 2026.

Updated September 2026Median value$332K

The median home value in Sioux Falls, SD 57106 is $332K as of September 2026, up 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 57106 range

$305K to $358K

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

+1.4% over 12 months

Sep 2025$327K

Low $327KHigh $332K

Sep 2026$332K

The numbers

What is the 57106 housing market like?

As of September 2026

Typical home value

$332K

1.4%YoY

Median list price

$330K

0.1%MoM

Days on market

10.9%MoM

Homes for sale

219

0.0%MoM

Price cuts

14.1%

13.8%MoM

New listings

3.3%MoM

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

The outlook

57106 housing market forecast 2027

+2.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 57106 to rise 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in 57106 rose 1.4%, per the Zillow Home Value Index.

Will home prices drop in 57106?

Zillow's forecast does not call for a drop: it expects typical home values in 57106 to rise 2.7% by September 2027, after a 1.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 57106 home prices compare?

57106$331,603
Sioux Falls$326,974
South Dakota$298,556
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Sioux Falls: 7 ZIPs; South Dakota: 145 ZIPs; United States: 26,262 ZIPs).

Context

September 2026 shows 219 homes for sale in 57106, with 62 new listings entering the market. The median days on market of 51 indicates a balanced pace of sales activity. However, 14.1% of listings have seen price reductions, suggesting sellers are adjusting to current conditions. While the typical home value has appreciated 1.4% year over year, the presence of price cuts signals that buyers have options and are not in a rush.

Monthly payment

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Home price

Down payment20% · $66,321

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Common questions

What people ask us.

What is the typical home value in 57106?

The typical home value is $331,603, up 1.4% over the past year as of September 2026.

How many homes are currently for sale in Sioux Falls 57106?

There are 219 homes for sale, with 62 new listings as of September 2026.

How long do homes typically stay on the market?

The median days on market is 51 as of September 2026.

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Nearby ZIP markets.

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