The story of this market
The typical home in ZIP 57107 sells for about $341,900, or $171 per square foot.
Prices are up +2.9% from a year ago, so sellers still have some momentum. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $1,092 a month.
ZIP 57107 — Sioux Falls
The 57107 housing market remains stable with a median listing price of $341,900 and consistent demand. Market conditions are supported by a balanced inventory and steady interest from buyers, though year-over-year price growth remains modest at 2.9%.
This ZIP code is well-suited for family buyers and commuters seeking a balance of suburban living and accessibility to the broader Sioux Falls metro area.
Median prices moved up 2.9% year over year.
Homes spend a median of 47 days on market with 3.5 months of supply — a fast-moving market.
5% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 9.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 57107, Minnehaha County SD
The area is served by the Sioux Falls School District, which maintains a standard curriculum across its various elementary, middle, and high school campuses.
The region is subject to seasonal severe weather, including high winds and occasional hail, with standard insurance coverage recommended for property owners.
Sioux Falls continues to see steady economic momentum driven by healthcare, financial services, and retail sectors, with ongoing residential expansion in the northern and western corridors.
Property taxes are assessed by Minnehaha County based on the property's market value, with rates determined by local school district and municipal levies.
Residents in 57107 generally rely on personal vehicles for commuting, with convenient access to I-29 and I-90 providing direct routes to the Sioux Falls employment core.
The area features access to local parks and greenbelts, with proximity to the Big Sioux River trail system and various neighborhood shopping centers.
The rental market shows stable demand with a median asking rent of $1,800, reflecting a balanced environment for both tenants and property investors.
The local economy is anchored by major employers in the healthcare and financial services sectors, supported by a diverse mix of retail and manufacturing industries.
The area is primarily served by major highway corridors including I-29 and I-90, facilitating regional connectivity.
Ongoing residential development is concentrated in the northern and western sections of the ZIP, with new subdivisions currently in various stages of construction.
The Minnehaha County Assessor's office conducts annual property valuations to determine tax assessments based on current market conditions.
Parcels in this ZIP are subject to Sioux Falls School District taxes and standard municipal utility service districts.
Property insurance premiums in the region are influenced by exposure to severe weather events, including wind and hail, which are common in the South Dakota climate.
Data retrieved from census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Plains Zoo4.45.3 mi
- Washington Pavilion4.76.1 mi
- Wild Water West Waterpark and Flamingo Falls Campground4.28 mi
- Air Madness Trampoline Park4.312.6 mi
- Thunder Road of Sioux Falls4.54.7 mi
- Falls Park4.85.8 mi
- Denny Sanford PREMIER Center4.64.5 mi
- Sanford Pentagon4.53.1 mi
- Washington Pavilion4.76.1 mi
- W. H. Lyon Fairgrounds4.24.4 mi
- Falls Park4.85.8 mi
- Great Plains Zoo4.45.3 mi
- Washington Pavilion4.76.1 mi
- Butterfly House & Aquarium4.57.4 mi
- Wild Water West Waterpark and Flamingo Falls Campground4.28 mi
- Washington Pavilion4.76.1 mi
- McKennan Park4.86.9 mi
- Porter Sculpture Park4.718.7 mi
- Old Courthouse Museum4.75.7 mi
- Pettigrew Home & Museum4.75.7 mi
- Falls Park4.85.8 mi
- Butterfly House & Aquarium4.57.4 mi
- Yankton Trail Park4.68 mi
- Great Bear Ski Valley4.67.7 mi
- Sertoma Park4.77.6 mi
- Willow Run Golf Course4.510.7 mi
- Elmwood Golf Course4.63.8 mi
- Bakker Crossing Golf Course4.611.1 mi
- Brandon Golf Course4.412.8 mi
- Prairie Green Golf Course4.69.3 mi
- The Empire Mall4.26.9 mi
- Ross Dress for Less4.15.9 mi
- Fleet Farm4.32.8 mi
- Marshalls & HomeGoods4.26 mi
- Hy-Vee Grocery Store4.47.5 mi
- Sioux Falls Regional Airport4.34 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing extensive walking and biking paths.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.