Investor-grade market analytics for Sioux Falls, South Dakota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$329,005
+1.3% year-over-year
4.5%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 7% nationally
In-migrants avg $64,618 AGI vs out-migrants $61,375
Opportunity Zone Market
6 ZIP codes in Sioux Falls are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Sioux Falls, SD is in a stabilization phase with 1.3% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 4.04x, below the national average of 4.8x. Modest net positive migration (+955 returns/year) provides steady demand support. Climate risk remains low (28/100), favorable for long-term investment stability. Rental yield of 4.5% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Sioux Falls, SD's primary climate exposure is tornadoes (54/100). The composite climate risk score of 28/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.