About the Sioux Falls Market Intelligence Map

Bryan Anfinson

Licensed REALTOR® · Hegg REALTORS® · Sioux Falls, SD · 605-670-9846

Bryan created this tool to give every buyer, seller, and homeowner access to the same local market data that drives professional real estate decisions. He built and maintains it himself — not outsourced — using the same RASE MLS data he works with daily. Bryan was elected by fellow REALTORS® to serve as State Director for the Realtor Association of the Sioux Empire, representing property owners at the South Dakota state legislative level.

• —Licensed South Dakota REALTOR®
• —Hegg REALTORS® — Sioux Falls, SD
• —State Director — Realtor Association of the Sioux Empire (RASE)
• —Member — National Association of REALTORS® (NAR)
• —Member — South Dakota Association of REALTORS®
• —Elected by fellow REALTORS® for property rights & tax advocacy at SD Legislature

Data Source

All neighborhood pricing data is sourced directly from RASE (Realtor Association of the Sioux Empire) MLS Sold Market Reports — official closed-sale records from licensed agents, not algorithmic estimates.

Update Cadence

`The dataset is refreshed monthly. The current map reflects closed transactions through ${monthLabel}. Rate and news data on the Market Intelligence dashboard updates daily.`

What the Numbers Mean

Each area displays the median sold price across all closed transactions in that RASE MLS zone for the selected year. Median means half of homes sold above and half below — it filters out outliers better than an average.

Days on Market

DOM reflects the number of days from list date to accepted offer. Low DOM = high demand. High DOM = either oversupply or overpricing. Comparing DOM across areas reveals where buyers are competing most aggressively.

Best Used For

Market orientation, neighborhood comparison, pricing context, and trend awareness. Not intended as a legal appraisal, automated valuation, or investment guarantee. Always confirm decisions with a licensed professional.

Coverage Area

All official RASE MLS zones covering Sioux Falls, Harrisburg, Tea, Brandon, Crooks, Hartford, and the greater Minnehaha and Lincoln County metro area — 40+ distinct neighborhoods.

Color gradient

Darker = higher median price. Lighter = lower. Compare shades across neighboring zones to quickly spot price boundaries and transitions.

Year-over-year change

Switch the year controls to compare the same area across time. Consistent gains signal stable demand; a flat or dropping year often reflects overpricing or softening absorption.

Low DOM areas

Areas with 20 days or fewer on market are highly competitive — buyers should expect limited negotiating leverage. Sellers in these zones can typically price to the high end of comparables.

High DOM areas

Areas above 50 days indicate either oversupply, overpricing, or a market in transition. Buyers have more leverage here. Sellers need precise pricing strategy.

10-year trend

The compare-year tool lets you view appreciation since 2014. Areas that have doubled in value over 10 years represent entrenched demand. Use this to assess long-term equity potential.