Market Intelligence · SD / Sioux Falls

Sioux Falls, SD 57108 Housing Market

Typical homes in Sioux Falls ZIP 57108 are worth $436,478, up 1.5% over the past year. The median list price sits at $389,800, with homes spending a median of 43 days on market.

Updated September 2026Median value$436K

The median home value in Sioux Falls, SD 57108 is $436K as of September 2026, up 1.5% 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 57108 range

$402K to $471K

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

Sep 2025$430K

Low $430KHigh $438K

Sep 2026$436K

The numbers

What is the 57108 housing market like?

As of September 2026

Typical home value

$436K

1.5%YoY

Median list price

$390K

5.6%MoM

Days on market

17.3%MoM

Homes for sale

217

8.0%MoM

Price cuts

13.1%

13.6%MoM

New listings

46.2%MoM

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

The outlook

57108 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 57108 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 57108 rose 1.5%, per the Zillow Home Value Index.

Will home prices drop in 57108?

Zillow's forecast does not call for a drop: it expects typical home values in 57108 to rise 2.8% by September 2027, after a 1.5% 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 57108 home prices compare?

57108$436,478
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

The 57108 market shows moderate activity with 217 homes currently for sale and 56 new listings in September 2026. Median days on market of 43 suggests steady but unhurried movement, while 13.1% of listings carry a price cut. The year-over-year appreciation of 1.5% reflects gradual gains. Sellers should expect to price competitively and be ready for a measured sales process.

Monthly payment

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Home price

Down payment20% · $87,296

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Common questions

What people ask us.

What is the typical home value in 57108?

Typical home value in Sioux Falls 57108 is $436,478, up 1.5% over the past year as of September 2026.

How many homes are for sale right now?

There are 217 homes for sale in 57108 as of September 2026, with 56 new listings in that same month.

How long do homes typically stay on market?

Homes in 57108 spend a median of 43 days on market as of September 2026.

Discover

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