Author Amy Stockberger | Founder, Amy Stockberger Real Estate | Creator, Lifetime Home Support™ Academy | Partner, ProInsight – helping agents scale with Relational Tech™ | Ranked the #1 Real Estate Team in South Dakota since 2017 and #33 in the Nation by Real Trends
Looking to move in 2026 but concerned about affordability in Sioux Falls, SD? You’re not alone. For the past few years, affordability has been a significant barrier for many potential buyers and sellers in Sioux Falls. But the good news is that 2026 could offer the relief you’ve been waiting for. Here’s what experts are saying about the housing market this year, including the latest trends in mortgage rates, inventory, and home prices.
Why This Matters in Sioux Falls, SD
In Sioux Falls, SD, affordability is a top concern for both homebuyers and sellers. As inventory increases and mortgage rates settle, the housing market here is set to become more accessible for many. While rising home prices are a factor, the local economy, job growth, and inventory trends are all pointing to a more balanced market in 2026. Expect to see more homes available, providing greater options and better negotiating power.
Key Housing Market Trends to Expect in Sioux Falls, SD
Tip 1: Mortgage Rates Are Lower and Here to Stay
Mortgage rates in Sioux Falls have already started to fall, and they’re expected to stay in the low 6% range throughout 2026. This drop in rates gives buyers more purchasing power and reduces monthly payments. For sellers, it means that moving is still feasible, especially with the equity you’ve built.
Tip 2: Inventory Growth Means More Options for Buyers
Inventory in Sioux Falls grew by approximately 15% in 2025, and experts are predicting another 8.9% increase in 2026. This additional supply will give buyers more options and more power when negotiating, while sellers will need to price their homes competitively to attract interest.
Tip 3: Home Price Growth Is Slowing
While home prices in Sioux Falls are expected to continue rising, they will do so at a slower and more sustainable pace. This trend will reduce the pressure on both buyers and sellers, offering more predictability and stability in the market. Expect an average price increase of 1.6% in 2026, which signals a more balanced market.
How Amy Stockberger Real Estate Can Help
At Amy Stockberger Real Estate, we understand the local housing market like no one else. With our Lifetime Home Support™ program, we’re not just helping you buy or sell a home — we’re creating lasting partnerships that support you long after the transaction. From mortgage rate insights to home price forecasts, we provide guidance every step of the way.
Our Home Support Team partners offer exclusive benefits and personalized services to help you maximize your investment. Whether you’re buying or selling, we make the entire process smoother and more profitable.
Want to learn more about the opportunities in Sioux Falls? Reach out to us today.
Ready to Take the Next Step?
2026 could be the year you make your move in Sioux Falls, SD. Whether you’re a first-time homebuyer, looking to upgrade, or considering selling, the market is giving you an opportunity that hasn’t been available in years. Reach out to us at Amy Stockberger Real Estate for expert advice and support tailored to your needs.
💬 Have more questions about real estate in Sioux Falls, SD?
Ask our 24/7 Sioux Falls, SD Real Estate Help Center AI Assistant
