Sioux Falls, SD

Population: 158,354
Average annual home appreciation rate: 5.50%
Total of homes for sale in this market: 1,111
Median home price: $152,198
Median Rent: $673 per room
Home price range: 53.48% of homes are between $101,001 – $201,000
Median sales price: NO DATA
Number of homes: 865
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 58.44% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.86%
Number of renters: 37.75%
Number of owner occupied: 62.26%
Number people living below poverty level: 11.22%
Unemployment rate: 3.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Sioux Falls area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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