57106, Sioux Falls, SD

The 57106 zip code of Sioux Falls, SD has a median home value of $137,500 and a median home equity of $93,000. The majority of homes in this zip code are owned by individuals and families. Home values have increased significantly over the past five years, with an average annual increase of 5.5%. The majority of homes in this zip code are single-family dwellings.

Home prices in Sioux Falls have been increasing faster than the national average due to strong demand and limited supply. In addition, the city is experiencing a shortage of available housing units which has driven up prices even more. Over the next five years, the average annual growth rate for home values in this zip code is expected to be 9%. This makes it one of the most desirable places to live in South Dakota.