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How competitive is the Sioux Falls housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 64/100
- YoY Good Chance of Selling
- Pending ratio
- 0.58
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 51
- YoY days on market
- Price cuts
- 19.3%
- YoY of active listings
Sioux Falls is competitive as of May 2026, with a Sold Score of 64/100 (Good Chance of Selling).
**Pending ratio** is 0.58 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +3.0% — more choices for buyers than a year ago.
**Median days on market** is 51. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 19.3% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 64/100 (Good Chance of Selling) · Pending ratio: 0.58 · Inventory YoY: +3.0% · Median days on market: 51 · Sellers cutting price: 19.3% · Median listing price: $368,000 (-6.8% YoY)
Sioux Falls snapshot
As of the latest 2026 data- Median listing
- $368K
- YoY -0.1%
- Active inventory
- 1,263
- YoY +0.0%
- Median DOM
- 46
- YoY +0.1%
- Pending ratio
- 0.51
- YoY -0.0%
- Price-reduced
- 13.6%
- YoY -0.0%
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