Sioux Falls, SD Metro
Single-family vs. condo trends, market pressure signals, and 5-year price history at the metro grain. Source: Redfin.
Median Sale Price
$327,000
+24.6% YoY
Active Inventory
893
Days on Market
66 days
Price Drops
20.4%
Single-Family vs. Condo
Source: Redfin (property-type breakdown)Single-Family Median
$343,750
+5.8% YoY
Condo / Co-op Median
$205,000
+8.9% YoY
SFR vs. Condo YoY Gap
-3.1%
condos outperforming SFR
DOM: SFR vs. Condo
66d / 19d
SFR / Condo
Market Pressure Signals
Derived from Redfin trendInventory vs. Long-Term Avg
-14.2%
deficit — seller leverage
DOM vs. 24-Mo Avg
+12.3%
currently 66 days
Long-Term Avg Inventory
1,041
Long-Term Avg DOM
59 days
Mortgage & Price Stress
State HPI + national delinquencyState HPI YoY
+3.7%
positive — appreciating
State HPI vs. Peak
0.0%
at or near peak peak 2025-10-01
National Mortgage Delinquency
1.78%
benchmark — 2025-10-01 metro-grain delinquency requires paid data
State-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True metro-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).
Value / Rent Ratio
Median price ÷ annual ZORI rent (state ZORI mean (metro rent unavailable from public sources))Value / Rent
22.5×
renting favored
Below ~15× annual rent is the historical buy-friendly band. Above ~20× the market typically favors renting and reinvesting elsewhere.
Trends
Up to 5 years of monthly dataMedian Sale Price
Trailing 12 months
Active Inventory
Trailing 12 months
Days on Market
Trailing 12 months
Looking for state-level data? See South Dakota statewide stats →
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