What Is the Housing Market Like in Sioux Falls in 2025?

What Is the Housing Market Like in Sioux Falls in 2025?

If you’re planning a move, one of the first questions you’ll ask is: “What’s the housing market like right now in Sioux Falls?” The good news? 2025 is shaping up to be a balanced year for both buyers and sellers.

I recently worked with a Sioux Falls couple who were nervous about listing in a market that isn’t as frenzied as years past. With the right pricing strategy, they received multiple offers and closed within weeks. Their story reflects the bigger picture, opportunity is still strong for both sides.

For Sellers:

• Homes priced competitively continue to attract offers.
  
  

• Updated, staged homes move faster.
  
  

• Flexibility with concessions can help seal the deal.
  
  

For Buyers:

• More inventory to choose from.
  
  

• Less pressure than the bidding wars of past years.
  
  

• Room to negotiate terms and inspections.
  
  

FAQs: Sioux Falls Real Estate Market 2025

Q: Is it a buyer’s market or seller’s market?
A: Balanced, neither side holds all the power.

Q: Are home prices dropping?
A: Prices remain steady, with small year-over-year shifts.

Q: Should I wait to buy?
A: With more inventory and steady prices, now is a good time to buy without the stress of competition.

Conclusion

The Sioux Falls housing market in 2025 is balanced, creating opportunities for buyers and sellers alike. The key is strategy, pricing, preparation, and negotiation matter more than ever.

📩 Want a tailored market breakdown for your neighborhood? Let’s connect:
📧 julie@julierothrealestate.com
📲 605-740-0645
💻 julierothrealestate.com