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Is now a good time to sell in Sioux Falls?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
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
Yes. Sioux Falls's Sold Score of 64/100 in May 2026 (Good Chance of Selling) means demand is outrunning supply enough that motivated sellers are getting deals done. Pending ratio is 0.58 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +3.0% year over year, expanding the pool you're competing in. Median days on market sit at 51. 19.3% of active listings have already reduced asking 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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