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Foreclosure Homes in Sioux Falls, SD 57103

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Sioux Falls, SD Foreclosures

How much do homes sell for in Sioux Falls, SD?
The average home price is currently $400,536.
In Sioux Falls, SD, how many homes are available?
There are currently 34 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 $48,058,178.
What is currently the cheapest priced home in Sioux Falls, SD?
The cheapest home for sale in Sioux Falls is priced at $12,591.

Living in Sioux Falls, SD

Sioux Falls is a bustling city in South Dakota known for its picturesque parks, a thriving arts scene, and a variety of recreational activities. The city's strong economy, coupled with an affordable cost of living, makes it an attractive destination for families and young professionals alike. With a rich culture and ample amenities, Sioux Falls offers something for everyone.

Current Market Conditions in Sioux Falls, SD

The Sioux Falls real estate market remains competitive, with a steady demand for housing. The city's growing economy and population continue to drive home sales, and buyers are finding themselves in competitive bidding situations.

Median home prices have experienced a gradual increase over the past year, reflecting the area's influx of new residents and low inventory levels.

Home Value Estimator For Sioux Falls, SD

There are currently 64,852 real estate properties in Sioux Falls, SD, with a median automated valuation model (AVM) price of $321,083.00. 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 $400,536.00, with the most expensive house in Sioux Falls, SD, topping out at $48,058,178.00 and the cheapest home in Sioux Falls, SD, clocking in at $12,591.00. 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 57103 Foreclosures

Market Trend for Sioux Falls, SD

Total Listings Available: 34

Market Values:

Home Prices from $12,591 to $48,058,178

Average Sales Price: $400,536

Rental Values:

Rental from $550 to $3,220

Average Rent Value: $1,373 / month

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