Published by Amy Stockberger Real Estate — the #1 ranked real estate team in South Dakota since 2017

Every number on this page is sourced from a publicly available government database, national data publisher, or official municipal record. No MLS-login data. No guesses. Scroll to any stat for its exact source URL, timeframe, and methodology.

Last updated: April 2026

Sioux Falls continues to stand out as one of the Midwest’s most affordable, fast-growing, and tax-friendly places to live. This April 2026 Stat Stack brings together the latest verified public data on home prices, rent, population, jobs, safety, and local market conditions.

Every stat below is sourced from a public database, government release, or official market publisher. No MLS login is required, and every linked source is available to readers.

Quick Answers

What is the median home price in Sioux Falls right now?

The median sale price in Sioux Falls was $310,000 in March 2026, according to Redfin.

What is the average rent in Sioux Falls?

The average rent in Sioux Falls is $982 per month as of April 2026, according to Apartments.com.

Is Sioux Falls still affordable?

Yes. Redfin shows Sioux Falls remains 12% below the national average for cost of living.

How many people live in Sioux Falls?

The city’s estimated population for 2025 is 224,676.

Consumer costs

Median home sale price

The median sale price in Sioux Falls was $310,000 in March 2026, down 0.96% year over year.
Source: Redfin Sioux Falls Housing Market

Median price per square foot

The median sale price per square foot was $184 in March 2026, down 0.54% year over year.
Source: Redfin Sioux Falls Housing Market

Median listing price

The latest verified metro listing-price value remains $369,350 in October 2025 from Realtor.com via FRED.
Source: FRED listing price series

Listing price per square foot

The latest verified metro listing-price-per-square-foot value remains $203 in October 2025.
Source: FRED listing price per square foot series

Average home value

Zillow’s Sioux Falls home value pages continue to place the market in the low-$330Ks, with one April 2026 source citing $331,255.
Source: Zillow home values

Starter home cost

A fresh city-level tier breakdown was not newly published in the sources reviewed, so the latest verified Redfin/Stacker tier data remains the January 2026 set.
Source: Stacker/Redfin Sioux Falls home prices article

Rent

As of April 2026, the average rent in Sioux Falls is $982 per month, with studios around $865, one-bedrooms $982, two-bedrooms $1,192, and three-bedrooms $1,505.
Source: Apartments.com Sioux Falls rent trends

Cost of living

Redfin shows Sioux Falls is 12% below the national average for overall cost of living.
Source: Redfin Sioux Falls Housing Market

Property tax

The effective property tax rate in Minnehaha County remains about 1.16%, and the FY2025 mill levy remains 2.970 per thousand of taxable value.
Source: SmartAsset South Dakota property tax calculator

State income tax

South Dakota still has no state income tax.
Source: South Dakota Department of Revenue

Safety and risk

Crime trend

The most recent public city briefing still shows assaults down 14% and stolen vehicles down 31% in the January–August 2025 comparison.
Source: City of Sioux Falls crime update

Violent crime rate

CrimeGrade’s latest modeled estimate places Sioux Falls at about 3.06 violent crimes per 1,000 residents.
Source: CrimeGrade violent crime page

Flood risk

Redfin and First Street data show 10% of Sioux Falls properties are at severe flood risk over the next 30 years.
Source: Redfin Sioux Falls Housing Market

Wind and tornado risk

Redfin shows 100% of Sioux Falls properties have at least minor wind risk, with tornadoes the primary concern.
Source: Redfin Sioux Falls Housing Market

Wildfire risk

Redfin/First Street shows 65% of properties have some wildfire risk over 30 years.
Source: Redfin Sioux Falls Housing Market

Extreme heat

Sioux Falls is expected to see about 8 days above 100 F currently, rising to 15 days in 30 years.
Source: Redfin Sioux Falls Housing Market

Cost of crime

CrimeGrade estimates the annual cost of crime at $1,066 per household in Sioux Falls.
Source: CrimeGrade safest places page

Local trends

Days on market

Homes in Sioux Falls sold after a median of 66 days on market in March 2026.
Source: Redfin Sioux Falls Housing Market

Homes sold

There were 205 homes sold in March 2026.
Source: Redfin Sioux Falls Housing Market

Sale-to-list ratio

The city’s sale-to-list ratio was 98.0% in March 2026.
Source: Redfin Sioux Falls Housing Market

Competitiveness

Sioux Falls currently scores 52 out of 100 on Redfin’s Compete Score, which is considered somewhat competitive.
Source: Redfin Sioux Falls Housing Market

Population

The estimated population of Sioux Falls for 2025 is 224,676.
Source: KELO population report

Metro growth

The Sioux Falls metro area has grown 7.6% since 2020.
Source: South Dakota News Watch metro report

Unemployment

Sioux Falls MSA unemployment was 2.3% in December 2025.
Source: BLS Economy at a Glance — Sioux Falls MSA

Job growth

The latest BLS area summary shows 0.2% 12-month nonfarm employment growth in December 2025.
Source: BLS Economy at a Glance — Sioux Falls MSA

Household income

The latest cited median household income estimate remains $75,970.
Source: World Population Review Sioux Falls

Homeownership rate

Sioux Falls households are estimated at 60% owner-occupied and 40% renter-occupied.
Source: RentCafe Sioux Falls

Building permits

Sioux Falls added roughly 1,000 single-family units in 2025, including about 357 single-family homes and 403 townhomes.
Source: City of Sioux Falls planning summary

Why Sioux Falls

Sioux Falls combines low taxes, lower-than-average housing costs, and a growing job base. That mix makes it especially attractive for first-time buyers, relocating families, and homeowners looking for long-term value.

The city also continues to grow steadily, with the latest official estimate at 224,676 residents and metro growth still trending upward.

Frequently Asked Questions

Q: What is the current median home price in Sioux Falls?
A: The median home sale price in Sioux Falls was $310,000 in March 2026, according to Redfin’s Sioux Falls housing market page.

Q: Is Sioux Falls more affordable than the U.S. average?
A: Yes. Redfin’s cost of living calculator says Sioux Falls is 12% below the national average for cost of living.

Q: How much is rent in Sioux Falls in 2026?
A: The average rent in Sioux Falls is $982 per month as of April 2026, according to Apartments.com rent trends.

Q: Does South Dakota have a state income tax?
A: No. The South Dakota Department of Revenue says the state does not impose a state income tax.

Q: Is Sioux Falls growing?
A: Yes. The city’s estimated population reached 224,676 in 2025, and the metro has grown 7.6% since 2020. You can reference the city population through KELO’s report and metro growth through South Dakota News Watch.

Q: Is Sioux Falls a competitive housing market?
A: Redfin currently labels Sioux Falls somewhat competitive with a 52/100 Compete Score on its Sioux Falls housing market page.