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Should You Sell Before Buying a New Home in Sioux Falls, SD?

July 25, 2025

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

Thinking about selling your current home in Sioux Falls, SD and wondering what to do first—list your home or start shopping for your next one? It’s one of the most important decisions homeowners face during a move. The best choice depends on your personal timeline, financials, and market strategy.

Let’s walk through the reasons many homeowners in Sioux Falls choose to sell first—and how that decision can set you up for a smoother transition.

Why It’s Especially Important in Sioux Falls, SD

In high-demand neighborhoods like Prairie Hills, The Heights, or south Sioux Falls, timing your sale right can give you a major advantage. The real estate market in Sioux Falls, SD continues to be competitive, which means positioning yourself with the right strategy is key to getting the most out of your move.

Top Reasons to Sell Your Current Home Before Buying in Sioux Falls

Reason 1: Tap Into Your Home Equity

Listing your house before buying your next one gives you access to the equity you’ve earned—equity that’s climbed significantly over the past few years. According to Cotality, the average homeowner now holds around $302K in equity. That cash could be your down payment, moving fund, or even enough to purchase your next home outright, especially in Sioux Falls.

Reason 2: Avoid Overlapping Housing Costs

Buying before selling often means carrying two mortgage payments for a period of time, plus the added costs of insurance, maintenance, and utilities. Selling first gives you cleaner financial footing and removes the stress of juggling two properties. As Ramsey Solutions notes, selling first is typically the safest path.

Reason 3: Strengthen Your Buying Position

If your home is already sold, your offer won’t be contingent on selling it—making you more attractive to sellers. In competitive Sioux Falls, SD neighborhoods, that can be a deciding factor. Your agent can guide you in crafting an offer that stands out without added conditions.

How Amy Stockberger Real Estate Makes It Easy

We’ve designed a step-by-step system to guide Sioux Falls homeowners through every stage of their move. With our Lifetime Home Support™ model, you’re never left guessing.

  • Explore more about our Lifetime Home Support perks and discover how they can benefit you throughout your homeownership journey.

Our clients also gain exclusive access to our Home Support Team—a vetted group of trusted local businesses offering moving services, repairs, cleanouts, and more.

Let’s Plan Your Best Next Step

Selling first gives you clarity, financial flexibility, and power when making your next move. We’ll help you evaluate your options, tap into your equity, and create a move plan that fits your needs and timeline.

We’re here to help—before, during, and for life.

💬 Have more questions about real estate in Sioux Falls, SD?

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