Market Intelligence · SD / Sioux Falls

Sioux Falls, SD 57108 Housing Market

The typical home in Sioux Falls, SD 57108 is worth $436,140, up 2.1% over the past year. The median list price is $369,000, and homes spend a median of 52 days on the market.

Updated August 2026Median value$436K

The median home value in Sioux Falls, SD 57108 is $436K as of August 2026, up 2.1% 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.

Get a cash offer

Sell without the wait

Sell your Sioux Falls home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 57108 range

$401K 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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 57108 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Sioux Falls, SD.

12-month value trend

+2.1% over 12 months

Typical home value in 57108 over the last 12 months: $427K in Aug 2025 to $436K in Aug 2026 (+2.1%).

Aug 2025$427K

Aug 2026$436K

The numbers

What is the 57108 housing market like?

Typical home value

$436K

Up2.1%YoY

Median list price

$369K

Up0.4%MoM

Days on market

52

Flat0.0%MoM

Homes for sale

201

Up9.2%MoM

Price cuts

15.1%

Up95.2%MoM

New listings

104

Up67.7%MoM

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

Free home value report

See what your 57108 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 57108 home prices compare?

  • 57108$436,140
  • 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 201 homes for sale in 57108, with 104 new listings coming on the market. That gives buyers a reasonable amount of choice. The median list price sits at $369,000, below the typical home value of $436,140, which reflects steady appreciation of 2.1% over the past year. About 15.1% of listings have taken a price cut, so some sellers are adjusting expectations. Homes are taking a median of 52 days to sell, which means this is not a rushed market. For a seller, pricing carefully from the start matters more than chasing last year's momentum.

Monthly payment

Estimate your monthly payment.

20% · $87,228

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.