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Fixer Upper Homes in Sioux Falls, SD

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Sioux Falls, SD Foreclosures

How much do homes sell for in Sioux Falls, SD?
The average home price is currently $400,674.
In Sioux Falls, SD, how many homes are available?
There are currently 225 active home listings available in Sioux Falls.
What’s the average rental cost in Sioux Falls, SD?
The average rental price in Sioux Falls is $1,373.
What is the most expensive home in Sioux Falls?
The most expensive home sold in Sioux Falls had a price of $48,463,698.
What is currently the cheapest priced home in Sioux Falls, SD?
The cheapest home for sale in Sioux Falls is priced at $16,493.

Living in Sioux Falls, SD

Sioux Falls, SD, is a thriving city known for its scenic beauty, robust economy, and family-friendly amenities. With a variety of recreational activities, quality educational institutions, and a welcoming community atmosphere, it's an ideal place to call home.

Current Market Conditions in Sioux Falls, SD

The real estate market in Sioux Falls has been experiencing stable growth, with a steady increase in home prices driven by a strong local economy and population growth. Demand for housing remains high, particularly in suburban neighborhoods that offer excellent schools and amenities.

There is a healthy balance of supply and demand in the current market, with new residential developments underway to accommodate the growing population. The rental market is also thriving, with a mix of apartments and single-family homes available for tenants.

Home Value Estimator For Sioux Falls, SD

There are currently 61,251 real estate properties in Sioux Falls, SD, with a median automated valuation model (AVM) price of $320,825.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sioux Falls, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sioux Falls, SD, is $400,674.00, with the most expensive house in Sioux Falls, SD, topping out at $48,463,698.00 and the cheapest home in Sioux Falls, SD, clocking in at $16,493.00. In other words, there’s something for every potential homebuyer or savvy investor in Sioux Falls, SD!

Rent Prices In Sioux Falls, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sioux Falls, SD, is on a rollercoaster ride. The average rent price in Sioux Falls, SD, is $1,373.00. Indeed, when looking to rent in Sioux Falls, SD, you can expect to pay as little as $550.00 or as much as $3,220.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Sioux Falls, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Sioux Falls, SD Fixer Upper Homes

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