Amy Stockberger Real Estate · #1 in South Dakota since 2017

Sioux Falls, SD
Stat Stack
2025–2026

Q: What Is the Median Home Sale Price in Sioux Falls, SD in January 2026?

$335,346 was the median sale price in Sioux Falls, SD in January 2026, representing an 8.3% increase compared to January 2025.

Q: What Is the Median Sale Price per Square Foot in Sioux Falls, SD in 2026?

$185 per square foot was the median sale price per square foot in Sioux Falls, SD as of January 2026, up 5.7% year over year.

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.
Last updated: February 26, 2026

CONSUMER COSTS — Sioux Falls, SD

Statistic 1: What Is the Median Home Sale Price in Sioux Falls, SD in January 2026?

$335,346

Median sale price in Sioux Falls, SD in January 2026, representing an 8.3% increase compared to January 2025. That places Sioux Falls 22% below the national median sale price.

Source & Methodology

Metric:Median Sale Price (All Home Types)

Timeframe:January 2026

Geography:City of Sioux Falls, SD

Methodology:Redfin calculates the median sale price from closed transactions recorded via MLS and/or public records for the specified month and geography.

Source:Redfin Housing Market Page — Sioux Falls, SD

Publisher:Redfin

Accessed:February 26, 2026

Statistic 2: What Is the Median Sale Price per Square Foot in Sioux Falls, SD in 2026?

$185 / sq ft

Median sale price per square foot in Sioux Falls, SD as of January 2026, up 5.7% year over year.

Source & Methodology

Metric:Median Sale Price per Square Foot

Timeframe:January 2026

Geography:City of Sioux Falls, SD

Methodology:Redfin divides each closed sale’s price by its total square footage and reports the median across all transactions in the given month.

Source:Redfin Housing Market Page — Sioux Falls, SD

Publisher:Redfin

Accessed:February 26, 2026

Statistic 3: What Is the Median Listing Price in Sioux Falls, SD in 2025?

$369,350

Median listing price in the Sioux Falls, SD metro area (CBSA) in October 2025, the most recent month available from Realtor.com via FRED.

Source & Methodology

Metric:Median Listing Price

Timeframe:October 2025

Geography:Sioux Falls, SD CBSA (metro area)

Methodology:Realtor.com calculates the median listing price from all active for-sale listings in the specified geography during the given month. Updated methodology adopted September 2022.

Source:FRED — Housing Inventory: Median Listing Price in Sioux Falls, SD (CBSA)

Publisher:Realtor.com via FRED (Federal Reserve Bank of St. Louis)

Accessed:February 26, 2026

Statistic 4: What Is the Median Listing Price per Square Foot in Sioux Falls, SD in 2025?

$203 / sq ft

Median listing price per square foot in the Sioux Falls CBSA in October 2025, as reported by Realtor.com via FRED.

Source & Methodology

Metric:Median Listing Price per Square Foot

Timeframe:October 2025

Geography:Sioux Falls, SD CBSA (metro area)

Methodology:Realtor.com divides each active listing’s asking price by its reported square footage and computes the median.

Source:FRED — Median Listing Price per Square Feet in Sioux Falls, SD (CBSA)

Publisher:Realtor.com via FRED

Accessed:February 26, 2026

Statistic 5: What Is the Average Home Value in Sioux Falls, SD in 2025?

$330,864

Average home value in Sioux Falls, SD per the Zillow Home Value Index (ZHVI), up 1.6% over the past year.

Source & Methodology

Metric:Zillow Home Value Index (ZHVI)

Timeframe:Early 2026 (Zillow updates monthly)

Geography:City of Sioux Falls, SD

Methodology:Built from property-level Zestimates, capturing monthly changes in home values across geographies and housing types.

Source:Zillow Home Values — Sioux Falls, SD

Publisher:Zillow

Accessed:February 26, 2026

Statistic 6: How Much Does a Starter Home Cost in Sioux Falls, SD in January 2026?

$240,305

Median sale price for a “starter tier” home (5th–35th percentile) in Sioux Falls in January 2026. The mid-tier median was $329,716, and the bottom tier (below 5th percentile) was $135,529.

Source & Methodology

Metric:Redfin Price Tiers — Starter, Mid, High, Luxury

Values:Bottom: $135,529 | Starter: $240,305 | Mid: $329,716 | High: $464,184

Timeframe:January 2026 (monthly average)

Geography:City of Sioux Falls, SD

Methodology:Redfin segments closed sales into price buckets — Bottom (bottom 5%), Starter (5%–35%), Mid (35%–65%), High (65%–95%), Luxury (top 5%) — and reports the median for each tier.

Source:Redfin / Stacker — “How much does it cost to buy a house in Sioux Falls?”

Publisher:Redfin

Accessed:February 26, 2026

Statistic 7: What Is the Current 30-Year Mortgage Rate in February 2026?

6.01%

The 30-year fixed-rate mortgage averaged 6.01% for the week ending February 19, 2026 (Freddie Mac PMMS), down from 6.85% one year earlier. Rates briefly dipped below 6% during the final week of February 2026.

Source & Methodology

Metric:30-Year Fixed-Rate Mortgage Average

Value:6.01% (week ending Feb 19, 2026); intra-week dips to ~5.76–5.98% reported by Zillow and Bankrate for Feb 24–26, 2026

Geography:National (applies to Sioux Falls buyers at conforming loan limits)

Methodology:Freddie Mac’s PMMS is based on mortgage applications submitted from lenders across the country. Bankrate and Zillow report daily survey-based averages from their lender networks.

Sources:Freddie Mac PMMS | FRED MORTGAGE30US | Bankrate (Feb 26, 2026)

Accessed:February 26, 2026

Statistic 8: What Is the Cost of Living in Sioux Falls, SD Compared to the National Average in 2026?

12% below national avg

The overall cost of living in Sioux Falls is 12% lower than the national average, and the city’s median sale price is 22% below the national median, according to Redfin.

Source & Methodology

Metric:Cost of Living Index (relative to national average)

Values:12% below national average (overall); median sale price 22% below national median

Timeframe:January 2026

Geography:City of Sioux Falls, SD

Source:Redfin Housing Market Page — Sioux Falls, SD

Publisher:Redfin

Accessed:February 26, 2026

Statistic 9: What Is the Average Rent in Sioux Falls, SD in 2025?

$1,144 / mo

Average rent for an apartment in Sioux Falls, SD in 2025, a 1% increase from $1,133 the prior year. Studio: $798/mo | 1-BR: $954 | 2-BR: $1,214 | 3-BR: $1,524.

Source & Methodology

Metric:Average Apartment Rent by Bedroom Count

Timeframe:2025 (updated monthly)

Geography:City of Sioux Falls, SD

Methodology:RentCafe compiles rental data from Yardi Matrix, covering apartment buildings with 50+ units, representing ~90% of the U.S. metro area population.

Source:RentCafe — Average Rent in Sioux Falls, SD

Publisher:RentCafe / Yardi Matrix

Accessed:February 26, 2026

Statistic 10: What Is the Effective Property Tax Rate in Minnehaha County (Sioux Falls), SD?

~1.16% effective rate

The effective property tax rate in Minnehaha County is approximately 1.16%, according to SmartAsset. For fiscal year 2025, the Minnehaha County combined property tax levy was 2.970 per thousand of taxable value — the lowest levy rate since 2012 and a 2% decrease from 2024.

Source & Methodology

Metric:Effective Property Tax Rate / County Levy

Values:1.16% effective rate (SmartAsset); 2.970 mill levy rate (Minnehaha County FY2025 budget)

Timeframe:FY2025

Geography:Minnehaha County, SD (encompasses Sioux Falls)

Methodology:SmartAsset calculates the effective rate as the median property tax paid divided by the median home value. The mill levy is determined by dividing total dollars needed by each taxing entity from the total taxable value.

Sources:SmartAsset | KELO (Minnehaha County budget)

Accessed:February 26, 2026

Statistic 11: How Much Does South Dakota Charge in State Income Tax in 2025?

$0 — No State Income Tax

South Dakota has no state income tax, making Sioux Falls one of the most tax-friendly cities for homeowners and earners in the United States.

Source & Methodology

Metric:State Income Tax Rate

Value:0% (no state income tax)

Timeframe:2025–2026

Geography:State of South Dakota

Source:South Dakota Department of Revenue

Accessed:February 26, 2026

SAFETY & RISK — Sioux Falls, SD

Statistic 12: Are Crime Rates Going Down in Sioux Falls, SD in 2025?

Stable & Near Record Low

Through August 2025, overall crime rates in Sioux Falls remain stable and near the lowest crime-per-capita rate since before 2020. Total assaults dropped 14% year over year, and stolen vehicle reports fell 31%. Homicides and robberies were up slightly over the same period.

Source & Methodology

Values:Total assaults: –14% | Stolen vehicles: –31% | Homicides: up slightly | Robberies: up slightly | Rapes, burglaries, larcenies, vandalism: all down

Timeframe:January 1 – August 31, 2025

Geography:City of Sioux Falls, SD

Methodology:The Sioux Falls Police Department compiles year-to-date crime category totals at semi-annual Public Safety Briefings.

Source:City of Sioux Falls — Crime Rates Stable

Publisher:City of Sioux Falls

Accessed:February 26, 2026

Statistic 13: What Is the Violent Crime Rate in Sioux Falls, SD in 2025?

~3.06 per 1,000 residents

The violent crime rate in Sioux Falls places the city in the 47th percentile for safety nationally (safer than 47% of U.S. cities) according to CrimeGrade.org. Mayor TenHaken stated at the September 2025 briefing that the crime-per-capita rate remains low despite population growth.

Source & Methodology

Metric:Violent Crime Rate per 1,000 Residents

Value:~3.06 per 1,000 (CrimeGrade projection)

Timeframe:2025 (projected annual)

Geography:City of Sioux Falls, SD

Methodology:CrimeGrade projects annual crime using historical FBI UCR data, adjusted for population. The City of Sioux Falls reports raw incident counts at semi-annual briefings.

Sources:CrimeGrade.org | City of Sioux Falls

Accessed:February 26, 2026

Statistic 14: What Percentage of Sioux Falls Properties Are at Risk of Flooding?

10% at risk (30-yr)

Approximately 4,215 properties in Sioux Falls are at risk of severe flooding over the next 30 years, per First Street Foundation data reported by Redfin. Sioux Falls has a “moderate” flood risk, though flood risk is increasing slower than the national average.

Source & Methodology

Metric:Flood Risk — Percentage of Properties at Risk

Value:10% of properties (~4,215 properties) at risk of severe flooding over 30 years

Timeframe:30-year forward projection (current as of 2025)

Geography:City of Sioux Falls, SD

Methodology:First Street Foundation models flood risk using property-level data accounting for fluvial, pluvial, storm surge, and tidal flooding scenarios over a 30-year time horizon.

Source:Redfin Housing Market Page (citing First Street Foundation)

Accessed:February 26, 2026

Statistic 15: What Is the Wind and Tornado Risk for Homes in Sioux Falls, SD?

100% at minor wind risk

All properties in Sioux Falls face at least minor risk from a severe wind event over the next 30 years, with tornadoes being the primary threat. Approximately 64,345 properties have some level of risk. Sioux Falls has a “Minor Wind Factor” rating.

Source & Methodology

Metric:Wind/Tornado Risk — Percentage of Properties at Risk

Value:100% at minor risk; 64,345 properties with some risk; primary threat is tornadoes

Timeframe:30-year forward projection

Geography:City of Sioux Falls, SD

Methodology:First Street Foundation models wind risk using projected likelihood and speed of hurricane, tornado, or severe storm winds impacting each property.

Source:Redfin Housing Market Page (citing First Street Foundation)

Accessed:February 26, 2026

Statistic 16: What Is the Wildfire Risk for Homes in Sioux Falls, SD?

65% at some risk (30-yr)

Approximately 42,199 properties in Sioux Falls carry some risk of being affected by wildfire over the next 30 years. Sioux Falls has a “moderate” wildfire risk rating.

Source & Methodology

Metric:Wildfire Risk — Percentage of Properties at Risk

Value:65% of properties (~42,199 properties) at some risk over 30 years

Timeframe:30-year forward projection

Geography:City of Sioux Falls, SD

Methodology:First Street Foundation models wildfire risk based on burn probability, fire intensity, and ember transport at the property level.

Source:Redfin Housing Market Page (citing First Street Foundation)

Accessed:February 26, 2026

Statistic 17: How Many Extreme Heat Days Will Sioux Falls, SD Have?

8 days now → 15 days in 30 yrs

Sioux Falls is expected to experience approximately 8 days above 100°F in 2025, increasing to 15 days above 100°F in 30 years — a 114% increase. Currently, 94% of properties carry a “Minor Heat Factor” rating.

Source & Methodology

Metric:Extreme Heat Days (Days Above 100°F)

Values:8 days (current year); 15 days (projected in 30 years); 114% increase

Timeframe:Current year and 30-year forward projection

Geography:City of Sioux Falls, SD

Methodology:First Street Foundation models heat risk using “feels like” temperature projections factoring in humidity, urban heat island effects, and climate change scenarios.

Source:Redfin Housing Market Page (citing First Street Foundation)

Accessed:February 26, 2026

Statistic 18: What Is the Estimated Cost of Crime per Household in Sioux Falls, SD in 2025?

$1,066 per household

The total projected cost of crime in Sioux Falls for 2025 is $96.7 million, which translates to approximately $443 per resident or $1,066 per household. Crime-related costs account for roughly 1.0% of the median household income.

Source & Methodology

Values:$1,066 per household; $443 per resident; total: $96,718,628

Timeframe:2025 (projected)

Geography:City of Sioux Falls, SD

Methodology:CrimeGrade calculates tangible crime costs using scholarly research-based methodologies on the economic impact of different crime categories, applied to local crime volumes.

Source:CrimeGrade.org — Sioux Falls, SD

Accessed:February 26, 2026

MARKET CONDITIONS — Sioux Falls, SD

Statistic 19: How Many Days Does It Take to Sell a Home in Sioux Falls, SD in 2026?

46 days on market

Homes in Sioux Falls sold after a median of 46 days on market in January 2026, down sharply from 90 days in January 2025 — a 49% improvement in market speed.

Source & Methodology

Metric:Median Days on Market

Value:46 days

Timeframe:January 2026

Geography:City of Sioux Falls, SD

Methodology:Redfin measures the number of days between when a home is listed and when it goes under contract (pending), then reports the median.

Source:Redfin Housing Market Page — Sioux Falls, SD

Publisher:Redfin

Accessed:February 26, 2026

Statistic 20: How Many Homes Sold in Sioux Falls, SD in January 2026?

123 homes sold

123 homes sold in Sioux Falls in January 2026, down from 127 in January 2025 — a 3.1% decline in closed transactions.

Source & Methodology

Metric:Homes Sold (Closed Transactions)

Value:123

Timeframe:January 2026

Geography:City of Sioux Falls, SD

Methodology:Redfin counts the total number of homes with completed sales recorded via MLS and/or public records in the specified month and geography.

Source:Redfin Housing Market Page — Sioux Falls, SD

Publisher:Redfin

Accessed: February 26, 2026

Statistic 21: What Percentage of South Dakota Homes Sold Above List Price in January 2026?

13.1% sold above list

13.1% of homes in South Dakota sold above list price in January 2026, up 0.3 percentage points year over year. The statewide sale-to-list ratio was 97.4%. Meanwhile, 17.1% of listings had price drops, up from 14.0% the prior January.

Source & Methodology

Metric:% Sold Above List; Price-Drop Share; Sale-to-List Ratio

Values:13.1% above list | 97.4% sale-to-list | 17.1% with price drops

Timeframe:January 2026

Geography:State of South Dakota

Methodology:Redfin compares the final sale price to the last listed price for each closed transaction. Sale-to-list is the median ratio.

Source:Redfin State Housing Market Page — South Dakota

Publisher:Redfin

Accessed:February 26, 2026

Statistic 22: What Is the Sioux Falls Market Competitiveness Score in 2026?

64 / 100 — “Somewhat Competitive”

Sioux Falls scores 64 out of 100 on Redfin’s Compete Score. Average homes sell for about 2% above list price and go pending in about 49 days. Hot homes can sell for approximately 5% above list price and go pending in about 35 days.

Source & Methodology

Metric:Redfin Compete Score

Value:64/100 (“Somewhat Competitive”)

Timeframe:Early 2026

Geography:City of Sioux Falls, SD

Methodology:Rates how competitive an area is on a scale of 0 to 100 based on how quickly homes sell, sale-to-list price ratio, number of competing offers, and waived contingencies.

Source:Redfin Housing Market Page — Sioux Falls, SD

Accessed:February 26, 2026

POPULATION & ECONOMY — Sioux Falls, SD

Statistic 23: What Is the Population of Sioux Falls, SD in 2025?

224,676

Estimated population of Sioux Falls for 2025, up from 219,588 in 2024. The city has added approximately 42,000 residents since 2018 and grew by 12% from 2020 to 2024 — three times faster than the state’s 4% growth rate.

Source & Methodology

Metric:Estimated City Population

Value:224,676

Timeframe:2025 (city estimate released January 2026)

Geography:City of Sioux Falls, SD

Methodology:City of Sioux Falls Planning and Development Services produces annual population estimates based on housing unit counts, building permits, and occupancy data.

Source:KELO — “Sioux Falls population grows to 224,676”

Publisher:City of Sioux Falls via KELO

Accessed:February 26, 2026

Statistic 24: How Fast Is the Sioux Falls, SD Metro Area Growing?

7.6% MSA growth since 2020

The Sioux Falls MSA population increased by 7.6% since 2020 (U.S. Census Bureau). The MSA had an estimated 308,266 residents as of 2023. Lincoln County grew 8.2% since 2020.

Source & Methodology

Metric:Metro Area Population Growth Rate Since 2020

Value:7.6% MSA growth since 2020; Lincoln County grew 8.2%

Timeframe:2020–2024 (reported August 2025)

Geography:Sioux Falls, SD MSA

Methodology:U.S. Census Bureau’s Population Estimates Program produces annual estimates for MSAs using birth, death, and migration data.

Source:South Dakota News Watch (citing U.S. Census Bureau)

Accessed:February 26, 2026

Statistic 25: What Is the Unemployment Rate in Sioux Falls, SD in 2025?

2.3% (Dec 2025)

2.3% was the unemployment rate in the Sioux Falls MSA in December 2025 (not seasonally adjusted). In February 2025, Sioux Falls tied with Rapid City for the lowest metro-area unemployment rate in the entire United States at 2.1%.

Source & Methodology

Metric:Unemployment Rate (Not Seasonally Adjusted)

Values:2.3% (Dec 2025); 2.1% (Feb 2025 — tied for lowest in U.S.)

Timeframe:December 2025 (updated Feb 6, 2026); February 2025

Geography:Sioux Falls, SD MSA

Methodology:BLS Local Area Unemployment Statistics (LAUS) program estimates the civilian labor force, employment, and unemployment for MSAs using survey data and statistical models.

Sources:FRED Series SIOU646URN | BLS Metro Employment Release

Accessed:February 26, 2026

Statistic 26: How Many Jobs Were Added in the Sioux Falls Area in 2025?

1.7% employment growth (YoY)

The Sioux Falls MSA saw 1.7% year-over-year employment growth as of September 2025, in line with the national average. Private Education and Health Services led sector growth, adding 500 health-care related workers over the year.

Source & Methodology

Metric:Year-Over-Year Nonfarm Employment Growth Rate

Value:1.7% (September 2025 YoY)

Timeframe:September 2025

Geography:Sioux Falls, SD-MN MSA

Methodology:BLS Current Employment Statistics (CES) measures nonfarm payroll employment from a survey of business establishments.

Sources:BLS Sioux Falls Area Economic Summary | SD Dept. of Labor — Labor Market Overview

Accessed:February 26, 2026

Statistic 27: What Is the Median Household Income in Sioux Falls, SD?

$75,970

Median household income in Sioux Falls, SD, with a poverty rate of 9.62% and an average per capita income of $51,894.

Source & Methodology

Metric:Median Household Income

Value:$75,970

Timeframe:2024 vintage ACS estimate

Geography:City of Sioux Falls, SD

Methodology:American Community Survey (ACS) collects income data from a sample of U.S. households and calculates the median by pooling responses over a five-year period.

Source:World Population Review — Sioux Falls, SD (citing U.S. Census ACS)

Accessed:February 26, 2026

Statistic 28: What Is the Homeownership Rate in Sioux Falls, SD?

60% owner-occupied

60% of households in Sioux Falls are owner-occupied (49,677 households), while 40% are renter-occupied (33,159 households).

Source & Methodology

Metric:Owner-Occupied vs. Renter-Occupied Households

Value:60% owner-occupied (49,677); 40% renter-occupied (33,159)

Timeframe:2025 (updated estimates)

Geography:City of Sioux Falls, SD

Methodology:RentCafe derives household tenure breakdowns from U.S. Census Bureau American Community Survey data.

Source:RentCafe — Average Rent in Sioux Falls, SD

Accessed:February 26, 2026

Statistic 29: How Many Building Permits Were Issued in Sioux Falls, SD in 2025?

~1,000 single-family units (2025)

Sioux Falls added approximately 357 single-family homes and 403 townhomes in 2025, for nearly 1,000 single-family units total. The city surpassed $1 billion in construction valuation in 2024 with over 6,000 building permits issued.

Source & Methodology

Metric:Single-Family Housing Units Added / Total Building Permits

Values:~357 single-family homes + 403 townhomes ≈ ~1,000 units (2025); 6,000+ permits / $1B+ valuation (2024)

Timeframe:2025 (housing units); 2024 (total permits)

Geography:City of Sioux Falls, SD

Methodology:City of Sioux Falls Planning and Development Services tracks all building permits issued and their associated construction valuations.

Sources:KELO (2025 housing) | SDPB (2024 permits)

Accessed:February 26, 2026

Statistic 30: What Is the South Dakota Statewide Unemployment Rate in December 2025?

2.2% statewide

South Dakota’s unemployment rate in December 2025 (not seasonally adjusted), with a total labor force of 492,600. The labor supply was estimated at 53,615.

Source & Methodology

Metric:State Unemployment Rate; Total Labor Force; Labor Supply

Values:2.2% unemployment | 492,600 labor force | 53,615 labor supply

Timeframe:December 2025 (preliminary)

Geography:State of South Dakota

Methodology:South Dakota’s Department of Labor and Regulation (DLR) uses BLS LAUS methodology and publishes adjusted estimates for statewide data.

Sources:FRED Series SIOU646URN | BLS Metro Employment Release

Accessed:February 26, 2026

Statistic 31: What Is the Median Age in Sioux Falls, SD?

35.5 years

The median age in Sioux Falls is 35.5 years (34.9 for males, 36.1 for females), making it one of the younger major cities in the Great Plains region.

Source & Methodology

Metric:Median Age

Value:35.5 years (overall); 34.9 (male); 36.1 (female)

Timeframe:2024 vintage ACS estimate

Geography:City of Sioux Falls, SD

Methodology:The American Community Survey (ACS) calculates median age from demographic samples.

Source:World Population Review — Sioux Falls, SD (citing U.S. Census ACS)

Accessed:February 26, 2026

Statistic 32: How Many Homes Are for Sale in South Dakota in January 2026?

3,200 active statewide listings

3,200 homes were for sale statewide in South Dakota in January 2026, down 4.0% year over year. New listings were 684 (up 0.3% YoY), and the average months of supply was 6 months.

Source & Methodology

Metric:Statewide Active Listings; New Listings; Months of Supply

Values:3,200 active listings (–4.0% YoY) | 684 new listings (+0.3% YoY) | 6 months supply

Timeframe:January 2026

Geography:State of South Dakota

Methodology:Redfin counts unique active for-sale listings in a given month and calculates months of supply based on the rate of closed transactions.

Source:Redfin State Housing Market Page — South Dakota

Publisher:Redfin

Accessed:February 26, 2026

Statistic 33: What Is the Sioux Falls Population Projected to Reach by 2030?

~250,000 by 2030

Sioux Falls is projected to reach approximately 250,000 residents by 2030 and 350,000 by 2050. The four-county metro area is expected to approach half a million people.

Source & Methodology

Metric:Population Projection

Values:~250,000 (by 2030); ~350,000 (by 2050); ~500,000 (metro area)

Timeframe:2030 and 2050 projections

Geography:City of Sioux Falls, SD / Sioux Falls four-county metro area

Methodology:City of Sioux Falls Planning and Development Services uses trend analysis of housing permits, migration, and economic growth to project future population.

Source:KELO — “Sioux Falls population grows to 224,676”

Publisher:City of Sioux Falls via KELO

Accessed:February 26, 2026

Statistic 34: How Much Did Home Prices Rise Year over Year in Sioux Falls, SD in January 2026?

+8.3% (Redfin) | +1.6% (Zillow)

Home prices in Sioux Falls rose 8.3% year over year in January 2026 (Redfin). Statewide South Dakota prices rose only 2.1%. Zillow’s ZHVI showed a more modest 1.6% gain using its alternative methodology. Note: Redfin tracks median sale price; Zillow uses a repeat-sale approach that controls for quality. Neither is “wrong” — they measure different things.

Source & Methodology

Metric:Year-over-Year Home Price Growth

Values:+8.3% (Redfin, Jan 2026, city) | +2.1% (Redfin, Jan 2026, statewide) | +1.6% (Zillow ZHVI)

Timeframe:January 2026

Geography:City of Sioux Falls, SD / State of South Dakota

Sources:Redfin — Sioux Falls | Zillow ZHVI — Sioux Falls | Redfin — South Dakota

Accessed:February 26, 2026

Statistic 35: What Is the Average Compensation in the Sioux Falls, SD Area in 2025?

$40.21 / hr total compensation

Average total compensation for private industry workers in the West North Central region (which includes Sioux Falls) was $40.21 per hour in June 2025, compared to $45.65 nationally. This includes $28.28 in wages/salaries and $11.93 in total benefits.

Source & Methodology

Metric:Average Hourly Total Compensation (Private Industry)

Values:$40.21/hour (West North Central region) vs. $45.65 (U.S.)

Timeframe:June 2025

Geography:West North Central Census Region (includes South Dakota / Sioux Falls area)

Methodology:BLS Employer Costs for Employee Compensation (ECEC) measures compensation by industry and region based on the National Compensation Survey.

Source:BLS — Sioux Falls Area Economic Summary

Publisher:U.S. Bureau of Labor Statistics

Accessed:February 26, 2026

★ Top 10 Most Backlink-Worthy Stats

#	Stat	Headline Hook	Why It Earns Links
1	Stat 25	Sioux Falls tied for lowest unemployment in the entire U.S. (2.1%, Feb 2025)	National-level superlative; journalists covering “best job markets” will cite this
2	Stat 23	City population hits 224,676 — added 42,000 since 2018	Growth narrative; “fastest-growing Midwest cities” roundups
3	Stat 1	Median home price hits $335K in Jan 2026, up 8.3% YoY	Core data point every housing article needs
4	Stat 7	30-year mortgage rate falls below 6% for first time in 3+ years (Feb 2026)	Biggest mortgage story of the season; pairs with local affordability
5	Stat 12	Assaults down 14%, vehicle thefts down 31% in 2025	Safety narrative counters “crime is everywhere” perception
6	Stat 8	Cost of living 12% below national average	Relocation and “best bang for your buck” articles
7	Stat 19	Days on market plunges from 90 to 46 — a 49% improvement	Dramatic market speed change; signals demand
8	Stat 6	Starter homes cost $240K in Sioux Falls vs. national pricing	First-time buyer affordability angle
9	Stat 34	Redfin says +8.3%, Zillow says +1.6% — why they differ	Methodology explainer earns “resource” links from other analysts
10	Stat 11	South Dakota has zero state income tax	Evergreen relocation angle; pairs with cost-of-living data

Sioux Falls, SDStat Stack2025–2026

Statistic 1: What Is the Median Home Sale Price in Sioux Falls, SD in January 2026?

Statistic 2: What Is the Median Sale Price per Square Foot in Sioux Falls, SD in 2026?

Statistic 3: What Is the Median Listing Price in Sioux Falls, SD in 2025?

Statistic 4: What Is the Median Listing Price per Square Foot in Sioux Falls, SD in 2025?

Statistic 5: What Is the Average Home Value in Sioux Falls, SD in 2025?

Statistic 6: How Much Does a Starter Home Cost in Sioux Falls, SD in January 2026?

Statistic 7: What Is the Current 30-Year Mortgage Rate in February 2026?

Statistic 8: What Is the Cost of Living in Sioux Falls, SD Compared to the National Average in 2026?

Statistic 9: What Is the Average Rent in Sioux Falls, SD in 2025?

Statistic 10: What Is the Effective Property Tax Rate in Minnehaha County (Sioux Falls), SD?

Statistic 11: How Much Does South Dakota Charge in State Income Tax in 2025?

Statistic 12: Are Crime Rates Going Down in Sioux Falls, SD in 2025?

Statistic 13: What Is the Violent Crime Rate in Sioux Falls, SD in 2025?

Statistic 14: What Percentage of Sioux Falls Properties Are at Risk of Flooding?

Statistic 15: What Is the Wind and Tornado Risk for Homes in Sioux Falls, SD?

Statistic 16: What Is the Wildfire Risk for Homes in Sioux Falls, SD?

Statistic 17: How Many Extreme Heat Days Will Sioux Falls, SD Have?

Statistic 18: What Is the Estimated Cost of Crime per Household in Sioux Falls, SD in 2025?

Statistic 19: How Many Days Does It Take to Sell a Home in Sioux Falls, SD in 2026?

Statistic 20: How Many Homes Sold in Sioux Falls, SD in January 2026?

Statistic 21: What Percentage of South Dakota Homes Sold Above List Price in January 2026?

Statistic 22: What Is the Sioux Falls Market Competitiveness Score in 2026?

Statistic 23: What Is the Population of Sioux Falls, SD in 2025?

Statistic 24: How Fast Is the Sioux Falls, SD Metro Area Growing?

Statistic 25: What Is the Unemployment Rate in Sioux Falls, SD in 2025?

Statistic 26: How Many Jobs Were Added in the Sioux Falls Area in 2025?

Statistic 27: What Is the Median Household Income in Sioux Falls, SD?

Statistic 28: What Is the Homeownership Rate in Sioux Falls, SD?

Statistic 29: How Many Building Permits Were Issued in Sioux Falls, SD in 2025?

Statistic 30: What Is the South Dakota Statewide Unemployment Rate in December 2025?

Statistic 31: What Is the Median Age in Sioux Falls, SD?

Statistic 32: How Many Homes Are for Sale in South Dakota in January 2026?

Statistic 33: What Is the Sioux Falls Population Projected to Reach by 2030?

Statistic 34: How Much Did Home Prices Rise Year over Year in Sioux Falls, SD in January 2026?

Statistic 35: What Is the Average Compensation in the Sioux Falls, SD Area in 2025?

Sioux Falls, SD
Stat Stack
2025–2026