57108 Real Estate Market

57108 Market

The median mortgage debt is $125,610.

Additional Statistics for Single Family Homes and Condos in Sioux Falls, SD
$323,590
Median Listing Price
56
Median Days on Market
163
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
57108 (Sioux Falls, SD) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Sioux Falls is $359,900. The list prices increased by 5.09% from the previous month.

The price per square foot for listings in this area is $132.

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57108 (Sioux Falls, SD) Market Inventory Trends

The number of active listings in Sioux Falls increased by 6.5% from the previous month.

The median number of days active properties have been listed is 51. This is significantly shorter than the national average.

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57108 (Sioux Falls, SD) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.