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Home appreciation in Sioux Falls, SD

Over the five years ending 2025, home prices in Sioux Falls, SD grew an average of 8.3% a year.

Price growth at a glance

1-year

+3.1%

2025 over 2024. South Dakota: +3.7%.

5-year, per year

+8.3%

Average annual growth, 2020 to 2025. South Dakota: +8.9%.

10-year, per year

+6.7%

+90.9% in total since 2015. South Dakota: +6.8%.

How does your home compare?

Sioux Falls, SD home prices rose 90.9% over the ten years to 2025, while its ZIP codes ranged from +66.2% to +108.3%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Sioux Falls, SD compares with South Dakota

South Dakota averaged +8.9% a year, putting Sioux Falls, SD behind the state overall. For five-year price growth, Sioux Falls, SD ranks 280th out of 409 metros nationwide and 2nd out of 2 in South Dakota.

Index, 2005 = 100

Sioux Falls, SD-MN and South Dakota, quarterly house price index rebased to 100 in 2005.
YearSioux Falls, SD-MNSouth Dakota
2005 Q1100100
2005 Q2102102
2005 Q3104104
2005 Q4104106
2006 Q1104105
2006 Q2106107
2006 Q3107109
2006 Q4107109
2007 Q1108111
2007 Q2109112
2007 Q3109113
2007 Q4110113
2008 Q1111115
2008 Q2111115
2008 Q3111115
2008 Q4111115
2009 Q1113117
2009 Q2112116
2009 Q3110115
2009 Q4110114
2010 Q1109114
2010 Q2108113
2010 Q3111115
2010 Q4111115
2011 Q1110115
2011 Q2109114
2011 Q3110115
2011 Q4111116
2012 Q1110116
2012 Q2110116
2012 Q3111117
2012 Q4112118
2013 Q1113119
2013 Q2114120
2013 Q3115121
2013 Q4115122
2014 Q1116122
2014 Q2118124
2014 Q3119125
2014 Q4120126
2015 Q1121127
2015 Q2123129
2015 Q3125130
2015 Q4126132
2016 Q1127133
2016 Q2129134
2016 Q3131136
2016 Q4132137
2017 Q1133138
2017 Q2137141
2017 Q3139143
2017 Q4140144
2018 Q1141146
2018 Q2143147
2018 Q3145149
2018 Q4147151
2019 Q1148152
2019 Q2150154
2019 Q3152156
2019 Q4154158
2020 Q1156160
2020 Q2157161
2020 Q3160163
2020 Q4163167
2021 Q1165169
2021 Q2177180
2021 Q3186191
2021 Q4193197
2022 Q1198204
2022 Q2213218
2022 Q3218222
2022 Q4215222
2023 Q1216223
2023 Q2223229
2023 Q3227233
2023 Q4225233
2024 Q1223237
2024 Q2228239
2024 Q3232241
2024 Q4233243
2025 Q1231244
2025 Q2235249
2025 Q3238251
2025 Q4241252
2026 Q1239254
2026 Q2241255

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.7% a year over ten years, +90.9% in total.

Over this history, home prices never fell more than 1.4% from a prior peak.

The strongest year was 2022 at +17.0%, and the weakest was 2010 at -1.4%.

In 2025 alone the index moved +3.1%, against +3.7% for the state.

ZIP codes in Sioux Falls, SD

Over the ten years to 2025, the 19 ZIP codes FHFA measures in this metro ranged from +66.2% in 57108 to +108.3% in 57020, while the metro as a whole rose 90.9%.

Fastest-rising ZIP codes

10-year change

  1. 57020+108.3%
  2. 57104+104.3%
  3. 57030+104.0%
  4. 57039+102.3%
  5. 57053+101.4%

Slowest-rising ZIP codes

10-year change

  1. 57108+66.2%
  2. 57107+74.0%
  3. 57110+74.6%
  4. 57005+78.5%
  5. 57106+79.3%
ZIP codes in Sioux Falls, SD-MN ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
57020+1.8%+10.1%+7.6%+108.3%
57104+5.1%+9.2%+7.4%+104.3%
57030+11.7%+8.6%+7.4%+104.0%
57039+2.5%+9.5%+7.3%+102.3%
57053-4.9%+7.8%+7.3%+101.4%
57003+2.9%+9.2%+6.9%+95.7%
57013+6.0%+8.8%+6.8%+93.1%
57105+0.2%+7.5%+6.6%+89.7%
57064+0.8%+8.6%+6.6%+89.0%
57033+1.3%+7.4%+6.5%+88.1%
57103+2.0%+7.9%+6.4%+86.0%
57022-1.9%+7.5%+6.3%+84.6%
56156+9.3%+8.1%+6.1%+81.4%
57032+1.7%+7.4%+6.1%+80.7%
57106+0.9%+7.4%+6.0%+79.3%
57005+3.3%+7.3%+6.0%+78.5%
57110+3.3%+7.3%+5.7%+74.6%
57107+0.5%+7.3%+5.7%+74.0%
57108+1.8%+6.7%+5.2%+66.2%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Sioux Falls, SD-MN and South Dakota, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006103.1+3.1%104.7
2007106.2+3.0%108.9
2008108.3+2.0%111.6
2009108.40.0%112.1
2010106.8-1.4%111.1
2011107.0+0.2%111.4
2012108.2+1.0%113.3
2013111.4+3.0%117.2
2014115.0+3.2%120.6
2015120.6+4.8%125.7
2016126.2+4.7%131.2
2017133.7+5.9%137.6
2018140.5+5.1%144.0
2019147.3+4.9%150.3
2020154.8+5.1%157.8
2021175.5+13.4%179.1
2022205.3+17.0%210.2
2023216.9+5.7%222.9
2024223.1+2.9%233.0
2025230.1+3.1%241.7

The 2 measured metros in South Dakota

Measured metros in South Dakota ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Rapid City, SD+4.3%+10.5%+7.4%
2Sioux Falls, SD-MN+3.1%+8.3%+6.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. The metro spans SD, MN; the comparison uses South Dakota, the state of its principal city. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the South Dakota row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2