Sioux Falls, SD Real Estate

According to census data in the year 2000 there were 51,724 housing units in Sioux Falls. This represents a 24.4% growth from 41,568 in 1990.

Of those housing units, 51,397 were located in either urbanized areas or urban clusters, and 327 were located in what is classified as a rural area.

Homeownership rate in Sioux Falls is about 61%. Sioux Falls's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Sioux Falls were built after 1974.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom15.70%
Two Bedrooms32.10%
Three Bedrooms33%
Four Bedrooms13.90%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1973
Median Value of occupied units$101,700
Median Price asked for vacant units$76,000

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1975
Median Monthly Rent asked for vacant units$469

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage10.20%
Home Equity Loan10%
Simple Mortgage54.10%
Debt Free25.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%