The story of this market
The typical home in ZIP 57020 sells for about $335,000, or $189 per square foot.
Prices are up +2.9% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,192 a month.
ZIP 57020 — Crooks
The Sioux Falls market is showing signs of increased competitiveness with a year-over-year price increase of 2.9% and a significant reduction in days on market. Inventory remains constrained, supporting a stable sale-to-list ratio near 97.8%. Figures provided reflect the broader Sioux Falls metro area as specific ZCTA-level data for 57020 is not currently published in the referenced market reports.
Median prices moved up 2.9% year over year.
Homes spend a median of 31 days on market with 3.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.2% · poverty 0.4% — a stable, low-distress profile.
ZIP code tabulation area 57020
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.