Sioux Falls, SD — Momentum Score, Home Values & Best-For

All states·South Dakota·Sioux Falls

Minnehaha County · Sioux Falls · population 209,289

Growing fast
Sioux Falls, SD
Image: Wikipedia · Sioux Falls, South Dakota
View watchlist →
72
Rising
Momentum score · 0–100

Where Sioux Falls stands

At or near all-time high. population growing 2.1% per year.

Median home $333,043
1-year +1.6%
5-yr CAGR +5.5%
vs 5-yr peak +0.0%
Population +2.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$333k$172k$230k$288k$346k201620182020202220242026

Lifestyle scores

🚶
Walkability
40/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
38/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
96/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,322/mo$957$1,179$1,401202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent131130100120202220242026

Rent vs buy

Price-to-rent ratio: 21.0
Lean rent

At a 21.0 price-to-rent ratio, the math is starting to lean toward renting in Sioux Falls. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
58 · w22%
Home 5-yr CAGR
67 · w22%
Distance from peak
90 · w18%
Population growth
81 · w16%
Rent YoY
74 · w12%
Home 10-yr CAGR
68 · w10%
Long thesis

Sioux Falls has been growing population at 2.1% per year while home values compounded +5.5% annually. Demand-driven appreciation — the kind that persists as long as people keep showing up, which they currently are.

Short thesis

Sioux Falls's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Sioux Falls

Sioux Falls is a city in Minnehaha County, South Dakota, with an estimated population of 209,289. The population has grown 2.1% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Sioux Falls is $333,043 as of 2026-04, up 1.6% over the last 12 months. Over the last five years, home values have averaged +5.5% annual growth, with prices at or near the 5-year peak. Rents in Sioux Falls average $1,322 per month, up 4.4% year-over-year. The composite momentum score is 72 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

People are voting with their feet: population growing 2.1% per year since 2020 — that’s faster than ~80% of US cities.
Healthy 5-year run: +5.5% annualized over 5 years, outpacing US inflation.
Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Sioux Falls (Wikipedia)

Sioux Falls is the most populous city in the U.S. state of South Dakota. It is the county seat of Minnehaha County and also extends into northern Lincoln County. The population was 192,517 at the 2020 census. The Sioux Falls metropolitan area, with an estimated 308,000 residents, accounts for more than one-third of South Dakota's population. Chartered in 1856 on the banks of the Big Sioux River, the city is situated in rolling hills at the junction of Interstates 29 and 90.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorPaul TenHaken
Area81.19 sq mi
Elevation1463 ft
Founded1856
Density2387.25/sq mi
Named forThe waterfall of the Big Sioux River

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Sioux Falls(Landmarks)

  • Michelangelo
  • Washington Pavilion
  • Great Plains Zoo & Delbridge Museum
  • World War II
  • USS ''South Dakota''
  • SDANG
  • David

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Minnehaha County right now.

Public-safety links are official .gov sources, not curated by us. Minnehaha County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Sioux Falls

25 tracked · ranked by median home value
1Pine Lakes Addition$511,822+0.1%
2Anderson$459,738+1.8%
3Roosevelt$435,427-0.2%
4McKennan Park$363,217+7.0%
5Kingswood$354,853+0.7%
6Galway Park$348,729+3.0%
7Oak View$323,604+0.5%
8Meadow View Addition$322,011+5.8%
9Silver Valley$299,532+1.5%
10West Mesa Highlands$293,348+1.4%
11Grandview Park$290,053+1.6%
12All Saints$273,793-1.1%
13Augustana$230,994-2.4%
14Froelich Addition$226,242+6.4%
15Garfield$221,865-0.3%
16West Sioux$217,616+4.2%
17Norton Tracts$211,178+7.8%
18Riverside$210,625+2.0%
19Axtell Park$209,541-0.1%
20North End West$209,004-1.3%
21Pettigrew Heights$207,103-2.1%
22Emerson$198,303-0.5%
23Whittier$197,251-0.4%
24North End East$187,880-0.8%

See the full neighborhood ranking →

Cities like Sioux Falls

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
27° / 8°
avg high / low
Summer (Jul)
86° / 60°
avg high / low
Sunny days/yr
218
~60% of year
Annual precip
23″ rain
38″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Sioux Falls listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Sioux Falls area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
67%
Moderate climate
Median household income
$69,500
South Dakota state median
Top industries (state-level)
HealthcareAgricultureFinance

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Sioux Falls

Explore other places with comparable momentum or affordability.

See all South Dakota cities →    Browse best-of lists →