US EditionSioux Falls housing market shows drop in closed sales for May
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Sioux Falls housing market shows drop in closed sales for May
June 5, 2025 Closed home sales dropped while new listings increased in May in Sioux Falls. There were 283 closed sales for the month, according to the Realtor Association of the Sioux Empire Inc. That’s 11.3 percent fewer than May 2024. New listings totaled 505 houses and represented a 7 percent year-over-year increase. The average price of a home sold at $374,975 was down less than 1 percent. The median price at $330,000 was down 1.5 percent. S…
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