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Land and home values in Minnehaha County, South Dakota

Minnehaha County (metro core, Sioux Falls, SD-MN) covers 807 square miles and 47 census tracts. Residential land is about $6.15 per sq ft at the county median, from $3.59 in its most rural tracts to $10.10 in its most valuable. The typical home is worth about $312,000 and a 2-bedroom rents for about $1,140 a month, as of October 12, 2026.

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County values

Land: residential$6.15per sq ft
Land: residential$267,720per acre
Land: quarter-acre lot$66,93010,890 sq ft
Land: farmland$9,300per acre
Home: typical (median)$312,000value
Home: entry-level$228,000lower quartile
Home: upper-end$399,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$975per month
Rent: 2-bedroom$1,140per month
Rent: 3-bedroom$1,570per month
Rent: 4-bedroom$1,920per month
Gross yield, 2-bed4.4%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier3$8.13$550,000$1,290
Upper10$7.56$403,000$1,170
Mid14$6.29$314,000$1,140
Entry17$4.93$214,000$1,100
Rural3$3.53$321,000$1,130

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
DowntownNeighborhood$10.70$470,000
Third Avenue LoftsSubdivision$10.60$465,000
River Greenway ApartmentsSubdivision$9.62$420,000
Hayes Historic DistrictNeighborhood$8.94$299,000
Boekhoff SubdivisionNeighborhood$8.66$397,000
McKennan ParkNeighborhood$8.35$294,000
Crown PointeNeighborhood$8.26$333,000
West Acres DevelopmentNeighborhood$8.17$376,000

Questions people ask

How much is land worth in Minnehaha County, SD?

Residential land in Minnehaha County, SD is about $6.15 per square foot, or $267,720 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $66,930. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Minnehaha County, SD?

The typical (median) home in Minnehaha County, SD is worth about $312,000, with entry-level homes around $228,000 and upper-end homes around $399,000, as of October 2026.

How much is rent in Minnehaha County, SD?

A 2-bedroom rents for about $1,140 a month in Minnehaha County, SD, a 1-bedroom about $975 and a 3-bedroom about $1,570 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Minnehaha County, SD?

Farmland averages about $9,300 an acre in Minnehaha County, SD (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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