SIALIMStatistical Intelligence for America's Local Investment Markets

South Dakota Housing Market Forecast — September 2026

Sialim tracks 11 South Dakota metros, forecasting home values next month, next quarter, and one year out from Zillow price history plus mortgage rates, inventory, and labor data.

Metros tracked
11
in South Dakota
Forecast to rise — September 2026
10
1 forecast to fall or hold
Average forecast change
+0.20%
across all South Dakota metros, next month
Largest metro
by size rank

South Dakota metros — September 2026

MetroCurrent valueForecast1-month changeRegime
Sioux Falls, SD$340,496$340,765+0.08%Cooling
Rapid City, SD$371,883$372,592+0.19%Cooling
Aberdeen, SD$243,529$244,281+0.31%Stabilizing
Watertown, SD$343,952$344,431+0.14%Cooling
Brookings, SD$326,775$328,397+0.50%Neutral
Spearfish, SD$449,760$450,606+0.19%Cooling
Mitchell, SD$262,040$262,262+0.09%Stabilizing
Yankton, SD$278,225$278,732+0.18%Stabilizing
Pierre, SD$296,801$297,013+0.07%Stabilizing
Huron, SD$197,450$198,359+0.46%Stabilizing
Vermillion, SD$288,249$288,2490.00%Cooling

Frequently asked questions

Are South Dakota home prices rising or falling?

Of the 11 South Dakota metros Sialim tracks, 10 are forecast to rise in September 2026 and 1 are forecast to fall or hold. The average forecast change across the state is +0.20%.

What is the largest South Dakota metro by home value tracked here?

Sioux Falls, SD, with a typical home value of $340,496 as of the latest data.

Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED. Methodology.