South Dakota Housing Market Report

As of 2026-02-28, the average home price across South Dakota's tracked cities is $354,075, up 2.0% year over year. The fastest-moving market is Rapid City (+2.5% YoY). 2 cities tracked.

City Comparison

City Median Home Price YoY Change ZIP Codes
Rapid City $363,992 +2.5% 3
Sioux Falls $344,158 +1.6% 8

City Reports

Apr 27

Rapid City Home Prices: $364K, Up 2.4% — 3 ZIPs Analyzed (2026)

Rapid City home prices rose 2.4% to a $364K median in 2026. The priciest ZIP hits $441K. Full breakdown of 3 neighborhoods, rent data, and outlook.

Apr 14

Sioux Falls Home Prices: $344K, Up 1.6% — 8 ZIPs Analyzed (2026)

Can you still buy affordably in Sioux Falls? $344K median, up 1.6%. See which ZIPs are cheapest, rent vs buy math, and where prices are heading in 2026.