Sioux Falls, SD
Full City Profile · South Dakota · Minnehaha County County
3.5
/5.0
B+
Good
197,642
Population
2,365/sq mi density
$74,714
Median Income
$43,231 per capita
$271,400
Home Value
$326,187 Zillow
$993
Median Rent
25.7% income on rent
49°F
Avg Temperature
291 sunny days/yr
483
Violent Crime/100K
3,045 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,714 median income, 1.7% unemployment
A+
Affordability
4.6 / 5.0
$271,400 home value, $993/mo rent
F
Safety
1.0 / 5.0
483 violent crimes/100K (27% above avg)
B+
Education
4.0 / 5.0
37.4% bachelor's degree or higher
Housing Overview
Median Home Value
$271,400
4% below
US avg: $281,900
Median Rent
$993/mo
15% below
US avg: $1,163/mo
Homeownership Rate
60.0%
8% below US avg (65.4%)
Total Housing Units
84,021
Median year built: 1991
Home Value by Source
Census Median
$271,400
Zillow (ZHVI)
$326,187
Median Sale Price
$331,250
Median List Price
$320,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.0%
Owner-Occupied
40.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$993/mo
· Zillow rent:
$1,265/mo
Market Indicators (Redfin)
Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
140
Price Drops
16.2%
of listings with price reduction
Price Per Sq Ft
$183
Active Inventory
593
homes for sale
Affordability & Housing Stock
Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
60.0%
Complete Housing Data
Home Values
| Census Median Value | $271,400 |
| Zillow Home Value (ZHVI) | $326,187 |
| Median Sale Price | $331,250 |
| Median List Price | $320,000 |
| Price Per Sq Ft | $183 |
Rent
| Census Median Rent | $993 |
| Zillow Rent (ZORI) | $1,265 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
| Days on Market | 73 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.2% |
| Homes Sold | 140 |
| Active Inventory | 593 |
| Price Per Sq Ft | $183 |
Ownership & Stock
| Owner-Occupied | 60.0% |
| Renter-Occupied | 40.0% |
| Homeownership Rate | 60.0% |
| Total Housing Units | 84,021 |
| Median Year Built | 1991 |
| Rent Burden | 25.7% |
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