State housing market
South Dakota housing market
The latest South Dakota home prices, inventory, and days-on-market — with month-over-month and year-over-year trends and how it stacks up nationally. The typical South Dakota home is 12.8% lower than the U.S. typical value of $370K.
Data as of May 2026.
Latest market snapshot
Home value
$323K
May 2026
Sale price
$347K
May 2026
Days on market
49 days
May 2026
Inventory
2,857
May 2026
Months supply
3
May 2026
Homes sold
928
May 2026
Sale-to-list
98.0%
May 2026
What the numbers say
- ·Typical home value (ZHVI) is $323,067 — -0.1% month over month, +2.7% year over year.
- ·Median sale price is $346,600 — +1.4% month over month, +4.0% year over year.
- ·Median days on market is 49 days — -10.9% month over month, -14.0% year over year.
- ·Homes for sale is 2,857 — -0.3% month over month, -6.1% year over year.
13-month trends
Metro areas in South Dakota
| Metro area | Typical home value |
|---|---|
| Sioux Falls, SD | $343K |
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices. We cite openly so you can verify.