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
Whether you’re catching up at a family dinner, mingling at a company party, or reconnecting with friends over the holidays, one topic always finds its way into the conversation—the housing market. If you’re thinking about buying or selling a home in Sioux Falls, SD, you’ve probably been fielding questions (or asking them yourself). Here are the top three housing market questions on everyone’s mind this season, with straightforward answers to help you feel confident about what’s happening locally.
Why This Matters in Sioux Falls, SD
National headlines don’t always tell the full story of what’s happening in our local market. Neighborhoods like Prairie Hills, Jefferson Heights, and the Harrisburg area each have their own dynamics. Understanding both the big picture and how it applies to Sioux Falls, SD helps you make smarter decisions—whether you’re a first-time buyer, looking to upgrade, or thinking about selling.
The 3 Questions Everyone’s Asking
Question 1: “Will I Even Be Able to Find a Home If I Want to Move?”
Yes—more than you could a year or two ago.
The number of homes for sale has been rising over the past few years. According to data from Realtor.com, there have been more than one million homes on the market nationally for six straight months—something that hasn’t happened since 2019.
What this means for you:
- Buyers have more options to choose from
- Sellers have more places they can move to next
- Homes aren’t disappearing the minute they hit the market, giving you breathing room to compare and make confident decisions
If you paused your home search last year because nothing fit your needs, it’s worth another look—especially in growing areas of Sioux Falls, SD.
Question 2: “Will I Ever Be Able to Afford a House?”
Affordability is starting to improve. Finally.
It’s been a tough few years for buyers, but 2025 brought some welcome relief:
- Mortgage rates have been easing
- Home price growth has been moderating
Together, that adds up to a monthly mortgage payment that’s hundreds of dollars lower than it would have been just a few months ago.
Buying still isn’t easy, but the numbers are moving in the right direction. For many families in Sioux Falls, SD, homeownership is becoming a more realistic goal again.
Question 3: “Should I Wait for Prices to Come Down?”
Waiting for a crash isn’t a winning strategy.
A lot of people worry the housing market is about to collapse, but the data doesn’t support that fear. Yes, inventory has increased, but it’s still nowhere near the levels needed for prices to fall significantly on a national scale. Plus, today’s homeowners have substantial equity and are in a much stronger financial position than in 2008.
According to experts surveyed by Fannie Mae, home prices are projected to keep rising—just at a slower, more sustainable pace.
The bottom line: History shows that people who spend time in the market tend to build the most long-term wealth—not those who try to time the market perfectly.
How Amy Stockberger Real Estate Can Help
Navigating these market shifts doesn’t have to feel overwhelming. Our team is built to support you at every stage:
- Lifetime Home Support™ — We’re here for you before, during, and long after your transaction closes
- Home Support Team Partners — Access to trusted local vendors for inspections, repairs, moving, and more
- Concierge-Level Service — From market analysis to closing day and beyond
Whether you’re buying your first home or selling to make your next move, we’ll walk through what these trends mean for your goals.
Local Resources to Explore
- Amy Stockberger Real Estate YouTube Channel
- Sioux Falls School District Ratings
- City of Sioux Falls Official Site
Ready to Take the Next Step?
Talk about the housing market can feel loud and confusing—especially when you’re hearing so many different takes. If you want to understand what these trends mean for your move in Sioux Falls, SD, let’s connect and walk through it together.
Our team is here to serve—before, during, and forever.
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