57103 Home Values & Market Trends

There are 65 homes currently listed for 57103. 57103 real estate market trends show that home prices range from $95,000 to $1,299,900, and the median sales price in the 57103 zip code is $282,017.75. The total number of properties sold within the past twelve months is 328. In 57103, 7 properties are in foreclosure, 3 are bank owned properties,and 4 are headed for auction.

Housing Market Summary for 57103

Apr 2023March 2024Change
Median Listing Price$320K$297.2K-7.12%
Median Sold Price$240K$297.2K23.84%
Homes For Sale7162-12.68%
Homes Sold135112-17.04%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 57103

The median list price of a home in Sioux Falls, is $282,017.75. A total of 65 properties are for sale, and the percentage of properties for sale in the zip code is 65.00%. The total count of 57103 properties is 11,082.

Foreclosure
There are 2 cities within 57103; within these cities, the median estimated home value for homes in foreclosure ranges from $384,750 in sioux falls to the lowest value of $69,900 in sioux falls. Foreclosure homes account for 0.00% of properties in 57103 with sioux falls containing 34 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 57103 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 57103; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 57103 ranges from the highest value of $361,900 in sioux falls to the lowest value of $69,900 in sioux falls. Bank owned homes and properties account for 0.03% of properties in 57103. There are 2 cities within 57103; sioux falls containing 14 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    sioux falls has 20 auction properties, the highest number of properties going to auction in a single city in the state of 57103. Auction homes and other auction properties account for 0.04% of all properties in 57103. There are 2 cities within 57103; of those cities, the median estimated home value for homes going to auction ranges from $384,750 in sioux falls to the lowest value of $206,250 in sioux falls.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% of residential properties in 57103 with sioux falls containing 431 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 57103; homes for sale in those cities, have a range of median values from $2,590,000 in sioux falls to the lowest value of $110,000 in sioux falls.
    Sold Homes
    The median value for recently sold homes ranges from $1,787,355 in sioux falls to the lowest price of $45,987 in sioux falls. There are 2 cities within 57103. sioux falls has 513 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.90% of properties in 57103.

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      Guide for 57103

      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Home Buying Guides & Tips
      South Dakota Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      South Dakota Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Dakota Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 57103

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