Why Live in Downtown Sioux Falls
Downtown Sioux Falls is a vibrant neighborhood characterized by its historic architecture and community-oriented spirit. The area features a mix of old brick factories converted into apartments, brownstone businesses, and early 20th-century bungalows. Residents enjoy a variety of things to do, including attending free summer concerts at Levitt at the Falls, exploring local shops at the 8th & Railroad Center, and dining at the retro Phillips Avenue Diner. The neighborhood is highly walkable, with a Walk Score of 77, and offers convenient public transportation options. The Big Sioux River and nearby parks like Fawick Park and Falls Park provide ample outdoor recreation opportunities. Fawick Park hosts seasonal outdoor movies and the annual GermanFest, while Falls Park features trails, picnic areas, and a farmers market. Cultural activities abound with the Washington Pavilion offering plays and concerts, and the Museum of Visual Materials providing low-cost art classes. Downtown Sioux Falls is safer than the national average, adding to its appeal. The neighborhood is also close to essential amenities, with Sanford USD Medical Center less than 2 miles away and Sioux Falls Regional Airport about 3 miles away. Students attend highly rated schools, including Lincoln High School, known for its strong STEM program and award-winning marching band.
Home Trends in Downtown Sioux Falls, SD
On average, homes in Downtown Sioux Falls, Sioux Falls sell after 80 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Sioux Falls, Sioux Falls over the last 12 months is $425,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$425,000
Median Single Family Sale Price
$210,000
Median Townhouse Sale Price
$425,000
Median 2 Bedroom Sale Price
$586,180
Median 1 Bedroom Sale Price
$468,980
Average Price Per Sq Ft
$414
Number of Homes for Sale
14
Last 12 months Home Sales
9
Median List Price
$596,845
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-15%