$233,187Average Value$271Average Price per Sq Ft18Homes For Sale
A big picture view of Downtown Sioux Falls
This downtown pocket of Sioux Falls reflects the city's spirit: community-oriented and flowing with creativity. The preservation of its historic architecture maintains the neighborhood's charm — factories turned into apartments, new businesses in old buildings, streets filled with bricks and brownstones. At the center is Falls Park, with the Big Sioux River spilling over pink quartzite just a short stroll from restaurants, galleries and cafes.
Downtown Sioux Falls is located next to the Big Sioux River.
The neighborhood's overall vibe, amenities and draw
Amanda Buell, a Realtor who specializes in central Sioux Falls with Hegg Realtors, describes the neighborhood's vibe: "It's the closest to an urban lifestyle you can get in Sioux Falls." She adds that over the last decade the neighborhood has transformed, offering locals the chance to live, work and play all in one vibrant area, drawing an eclectic mix of people. "There is real appeal for empty nesters who may have second homes elsewhere and are looking for a lock-and-leave lifestyle and love city access. The second would be young professionals who like walkability and urban living, being able to go to bars, restaurants and nightclubs. And lastly more families are choosing downtown."
Some of downtown's businesses and trendy hangout spots:
Great Outdoor Store for hiking apparel, Matchbox Candle Store Co. for artisan candles and MK Threads Boutique for women’s clothing
Sunshine Foods and Pomegranate Market for groceries
Lucky’s, Pave, Hello-Hi and Club David for nightlife
The Steel District, a newer hotspot known for its restaurant scene
After dinner, catch a live show at the Washington Pavilion, a movie at the Sioux Falls State Theatre or an orchestral performance at the Orpheum Theater Center. During the day Buell says many people work at local law, architecture, marketing and advertising firms.
Downtown Sioux Falls locals enjoy lunch at Mama's Ladas.
The Source Coffee Roastery is great place to start the morning in Downtown Sioux Falls.
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Family-friendly activities
Families have plenty to do, including visiting riverside parks. Jacobson Plaza is a newer addition with a large playground, year-round ice-skating rink and dog park. The Museum of Visual Materials, rebranded as Mosaic Arts and Events, runs affordable art classes for kids and programs for adults with disabilities. "Our mission is to keep prices low so kids can afford to take the classes," says Executive Director Deanna Parker.
Other activities:
Visit the downtown library
Take classes at the Sioux Falls Family YMCA
Visit the Kirby Science Discovery Center and the Old Courthouse Museum
Take an art class at the Museum of Visual Materials in Downtown Sioux Falls.
Scottish band Skerryvore delights the crowd at a Levitt at the Falls summer concert.
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A closer look at downtown’s parks and events
The Big Sioux River is popular with kayakers and surrounded by parks. Fawick Park features a replica of Michelangelo’s David statue, plus riverside seating and entry to the 45-mile Sioux Falls Recreation Trail. Falls Park surrounds the city's waterfalls and covers nearly 130 acres with picnic pavilions and viewing decks to take in the area. On Saturdays from May to October, it hosts the Falls Park Farmers Market, a longstanding tradition. During the summer, Levitt at the Falls — located at Falls Park — hosts about 50 free concerts a year. Another way to celebrate along the river is Riverfest, held in the fall.
Downtown's main drag, Phillips Avenue, is also a center for events. Parade of Lights kicks off the holidays. "And there's something called First Fridays downtown — every Friday in the summer streets are closed off for live music, art and food. Businesses have extended hours and specialty deals," Buell says.
Fawick Park is located next to the Big Sioux River.
Levitt at the Falls hosts free live music in Downtown Sioux Falls.
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Cost of living and types of housing in downtown Sioux Falls
Buyers can choose from early to mid-20th century bungalows and low-rise condos in the downtown area. Prices generally range from the low $100,000s to the high $300,000s, but newer luxury condos sell for over $1 million. "Newer condos tend to have all the amenities the urban buyer is looking for: fitness centers, underground parking, secured entry," Buell says. Older buildings offer charm like hardwood floors and high ceilings, but frequently lack dedicated parking and require more upkeep. Buell says the cost of living is similar to the rest of the city, though properties tend to be higher per square foot. "The handful of premier luxury condo buildings in Sioux Falls are almost all downtown."
Downtown Sioux Falls has many condos to choose from.
Downtown Sioux Falls has lots of greenery and local art.
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Traffic flow in and out of downtown
Sioux Falls doesn't get the same heavy traffic as bigger cities. "Phillips Avenue is our main street, and that can get a little busy, but honestly I've never seen stop-and-go traffic in the downtown area," Buell says. The area is pedestrian-friendly and has bike lanes. "I have a car but it doesn't get many miles on it anymore," says resident Joe Kirby, who has a personal blog devoted to the city. Sioux Area Metro runs bus routes throughout downtown for public transportation. The neighborhood is close to essential amenities, with Sanford USD Medical Center less than 2 miles away and Sioux Falls Regional Airport about 3 miles away.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Sioux Falls neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Sioux Falls
US
Homicide
6
4
Sexual Assault
5
4
Assault with Weapon
6
4
Robbery
6
4
Burglary
6
4
Motor Vehicle Theft
6
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Downtown Sioux Falls Demographics and Home Trends
On average, homes in Downtown Sioux Falls, Sioux Falls sell after 49 days on the market compared to the national average of 54 days. The median sale price for homes in Downtown Sioux Falls, Sioux Falls over the last 12 months is $230,000.
Don’t miss this incredible opportunity to own a 4-bedroom home at an affordable price point! This charming 1.5-story home offers 1,326 sq ft of functional living space filled with natural light from large windows throughout. The main level features a bright living room, ample kitchen and dining space, a nicely updated full bathroom, and a convenient primary bedroom on the main floor. Upstairs
don't miss out on this 1.5 story Single Family, centrally located just north of Down Town Sioux Falls. Property has been well maintained with recent improvements to roof, water heater and interior of the house. Perfect if you're looking for an investment opportunity. there are total of 5 bedrooms with detached two car garage and oversized backyard with privacy fence.
Alem GabremariamKeller Williams Realty Sioux Falls
Downtown Condo living at The Steel District! The Steel District is a fully integrated live, work, play, and stay development on the riverfront of The Big Sioux River in the heart of Downtown Sioux Falls. Condo is framed out, plumbed and heated included in the base shell price. Amenities include On-site fitness center and owners' community room with indoor and outdoor entertaining spaces that
Excellent investment opportunity! This tri-plex features three spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms with functional, open layouts that appeal to long-term tenants. The units are generously sized and designed for comfortable living, contributing to consistently high occupancy. Situated on a large lot with additional land, this property offers future flexibility
Step into downtown living at its best. This inviting 2-bedroom, 1-bath condo is ready to impress. You’ll love the smart, comfortable layout with two cozy bedrooms, a bright open-concept living and dining space, and a sleek modern bathroom featuring a walk-in shower. The kitchen offers plenty of cabinet space and a functional setup that makes everyday cooking and hosting a breeze. Sunlight fills
HELLO DOWNTOWN SIOUX FALLS! Enjoy the convenience of downtown living—without the noise and tight quarters of apartment life. This move-in-ready 3-bedroom, 1-bath home offers the ideal blend of comfort, space, and location. Situated near downtown, Falls Park, and other popular amenities, you’ll love how easy it is to enjoy everything downtown has to offer. Walk to dinner in the Steel District,
Downtown Condo living at The Steel District! The Steel District is a fully integrated live, work, play, and stay development on the riverfront of The Big Sioux River in the heart of Downtown Sioux Falls. Condo is framed out, plumbed and heated included in the base shell price. Amenities include On-site fitness center and owners' community room with indoor and outdoor entertaining spaces that
Downtown Condo living at The Steel District! The Steel District is a fully integrated live, work, play, and stay development on the riverfront of The Big Sioux River in the heart of Downtown Sioux Falls. Condo is framed out, plumbed and heated included in the base shell price. Amenities include On-site fitness center and owners' community room with indoor and outdoor entertaining spaces that
NEARLY NEW CONSTRUCTION – Move-In Ready! Enjoy the convenience of being close to downtown and I-29 without apartment noise or cramped spaces. This three-bedroom, one-bath home, completely renovated in 2025, offers comfort, space, and old-world charm. Main Floor Highlights:*Open-concept living with a bright living room and formal dining*Kitchen with pass-through bar, brand-new cabinets and
Downtown Condo living at The Steel District! The Steel District is a fully integrated live, work, play, and stay development on the riverfront of The Big Sioux River in the heart of Downtown Sioux Falls. Condo is framed out, plumbed and heated included in the base shell price. Amenities include On-site fitness center and owners' community room with indoor and outdoor entertaining spaces that
Welcome home to this charming 4-bedroom ranch perfectly positioned on a spacious corner lot! From the moment you step inside, you’ll be greeted by beautiful hardwood floors that flow throughout the main level, creating warmth, character, and timeless appeal.The oversized dining room is ideal for hosting holiday dinners or casual gatherings, while the generously sized kitchen offers abundant
Downtown Condo living at The Steel District! The Steel District is a fully integrated live, work, play, and stay development on the riverfront of The Big Sioux River in the heart of Downtown Sioux Falls. Condo is framed out, plumbed and heated included in the base shell price. Amenities include On-site fitness center and owners' community room with indoor and outdoor entertaining spaces that
The Dakota in Downtown Sioux Falls combines both timeless charm and modern amenities under one roof. Passionately designed and decorated, The Dakota’s luxury finishes and sustainable material choices make it perfect for the most discerning renter. Unit sizes range from studios to incredible 3 bedrooms with multiple personal patio spaces and unbelievable river and urban views.
Located in vibrant downtown Sioux Falls, our community offers the perfect blend of comfort and convenience. Just steps away from Sioux Falls best bars, shops and cultural attractions, you'll have everything you need right at your doorstep.Our homes were designed with the modern professional in mind, featuring work-from-home nooks, modern finishes, abundant natural light and spacious layouts. Your
The Clark is a six-story mass timber loft and retail structure on 6th street and Reid Place. A modern vibe combined with the timeless and sustainable qualities of the timber structure will create a community like no other. Unit sizes range from studios to 2 bedrooms + dens with stunning river and courtyard views.
Third Avenue Lofts is a newer apartment building located in the heart of downtown Sioux Falls. The 87-unit five story building includes 64 one-bed units and 23 two-bed units. Featured property amenities include abeautiful community room with shared patio, fitness center, surface and underground parking, and available high speed fiber internet. Unit features include black full size kitchen
Welcome to the Lofts at ShriverSquare, where the chic loft details are equivalent to the stunning city views. Ideally located on Phillips Avenue in the heart of downtown Sioux Falls,our completely remodeled 1- and2-bedroom loft style apartments redefine urban living. 24-houremergency maintenance gives peace of mind knowing help is just a phone callaway. Our Professional
Experience the best of what downtown Sioux Falls has to offer by living at the conveniently located Dakota Lofts! Residents can enjoy the fantastic downtown views while being just steps away from shops, restaurants and businesses. Dakota Lofts make it easy to live, work and play downtown!Inside the modern design unit you will find a stylish kitchen layout complete with dishwasher and
Get ready to elevate your living experience to a whole new level at The District Lofts! Our downtown lofts redefine luxury living, offering a range of flexible home options from chic studios to spacious 2-bedroom lofts. Get all that on top of oversized windows connecting you to stunning views. Imagine waking up to breathtaking panoramas overlooking iconic views in downtown, the bustling Steel
Our state’s first modern mass timber building, Railyard Flats offers the perfect blend of downtown living, elegant design, and sustainable consciousness. Located on the eastbank of downtown, Railyard offers all the conveniences of an urban lifestyle combined with lovely outdoor spaces to enjoy a bit of nature. Units range from studios to incredible 3-bedroom flats.
The Cascade is a luxury living destination in downtown Sioux Falls. The Cascade boasts 197 lofts, including two-level, townhome-style lofts, accessible commercial space for dining and shopping, and amenities like a courtyard and fitness center. Our community is a short walk from Falls Park and The Steel District, near biking and jogging trails, and across from the Levitt outdoor music venue.
The historic Albert House is perfectly situated in the heart of downtown Sioux Falls, offering stunning city views, convenient on-site laundry, and a comfortable work-from-home lounge. Experience the excitement of urban living at a price you can afford!When you call Albert House home, you’ll be just steps away from Sioux Falls’ best restaurants, entertainment, and cultural attractions.
River Tower Apartments offers contemporary living in an enviable location. Our building and homes are recently renovated with views of the Big Sioux River and downtown Sioux Falls.We offer a range of studio through two-bedroom apartments - our studio apartments feature an open floor plan with a living area, kitchen, bathroom and storage and our one and two-bedroom apartments offer a kitchen,
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
