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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Sioux Falls metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. McKennan Park (Sioux Falls, SD)

Median sale price: $444,000 | Median days on market: 23 days

1101 S 2Nd Ave, Sioux Falls, SD 57105
- List price: $440,000
- Beds: 3 | Baths: 2 | Square feet: 2,133
- See 1101 S 2Nd Ave, Sioux Falls, SD 57105 on

1701 S Carter Pl, Sioux Falls, SD 57105
- List price: $650,000
- Beds: 4 | Baths: 2.75 | Square feet: 2,399
- See 1701 S Carter Pl, Sioux Falls, SD 57105 on

220 E 27Th St, Sioux Falls, SD 57105
- List price: $995,000
- Beds: 4 | Baths: 3.25 | Square feet: 3,950
- See 220 E 27Th St, Sioux Falls, SD 57105 on

605 E 21St St, Sioux Falls, SD 57105
- List price: $997,000
- Beds: 3 | Baths: 2.25 | Square feet: 2,500
- See 605 E 21St St, Sioux Falls, SD 57105 on

#2. Diamond Valley (Sioux Falls, SD)

Median sale price: $368,000 | Median days on market: 14 days

703 E El Dorado Ct, Sioux Falls, SD 57108
- List price: $279,900
- Beds: 2 | Baths: 2 | Square feet: 1,596
- See 703 E El Dorado Ct, Sioux Falls, SD 57108 on

705 E 73Rd Pl, Sioux Falls, SD 57108
- List price: $590,000
- Beds: 2 | Baths: 1.75 | Square feet: 2,059
- See 705 E 73Rd Pl, Sioux Falls, SD 57108 on

711 E 70Th Pl, Sioux Falls, SD 57108
- List price: $489,900
- Beds: 2 | Baths: 1.75 | Square feet: 1,868
- See 711 E 70Th Pl, Sioux Falls, SD 57108 on

737 E El Dorado Ct, Sioux Falls, SD 57108
- List price: $279,000
- Beds: 2 | Baths: 1.75 | Square feet: 1,598
- See 737 E El Dorado Ct, Sioux Falls, SD 57108 on

#3. Pepper Ridge (Sioux Falls, SD)

Median sale price: $358,750 | Median days on market: 35 days

2009 S Melanie Ln, Sioux Falls, SD 57103
- List price: $304,900
- Beds: 3 | Baths: 2.5 | Square feet: 1,882
- See 2009 S Melanie Ln, Sioux Falls, SD 57103 on

2805 S Whetstone Cir, Sioux Falls, SD 57103
- List price: $410,000
- Beds: 3 | Baths: 2 | Square feet: 2,101
- See 2805 S Whetstone Cir, Sioux Falls, SD 57103 on

4409 E 36Th St, Sioux Falls, SD 57103
- List price: $355,000
- Beds: 4 | Baths: 2 | Square feet: 1,932
- See 4409 E 36Th St, Sioux Falls, SD 57103 on

4509 E Belmont St, Sioux Falls, SD 57103
- List price: $307,400
- Beds: 4 | Baths: 1.75 | Square feet: 1,850
- See 4509 E Belmont St, Sioux Falls, SD 57103 on

#4. Platinum Valley (Sioux Falls, SD)

Median sale price: $347,500 | Median days on market: 15 days

3509 W Hughes Pl, Sioux Falls, SD 57108
- List price: $296,900
- Beds: 4 | Baths: 2 | Square feet: 2,225
- See 3509 W Hughes Pl, Sioux Falls, SD 57108 on

6803 S Witzke Ave, Sioux Falls, SD 57108
- List price: $299,900
- Beds: 3 | Baths: 2.5 | Square feet: 1,901
- See 6803 S Witzke Ave, Sioux Falls, SD 57108 on

7000 S Hughes Ave, Sioux Falls, SD 57108
- List price: $479,900
- Beds: 4 | Baths: 3.75 | Square feet: 3,134
- See 7000 S Hughes Ave, Sioux Falls, SD 57108 on

#5. All Saints (Sioux Falls, SD)

Median sale price: $327,500 | Median days on market: 17 days

1104 S Main Ave, Sioux Falls, SD 57105
- List price: $250,000
- Beds: 3 | Baths: 1 | Square feet: 1,148
- See 1104 S Main Ave, Sioux Falls, SD 57105 on

604 S 5Th Ave, Sioux Falls, SD 57104
- List price: $300,000
- Beds: 4 | Baths: 1.75 | Square feet: 1,507
- See 604 S 5Th Ave, Sioux Falls, SD 57104 on

702 E 21St St, Sioux Falls, SD 57105
- List price: $349,900
- Beds: 3 | Baths: 0.75 | Square feet: 1,250
- See 702 E 21St St, Sioux Falls, SD 57105 on

900 S 4Th Ave, Sioux Falls, SD 57104
- List price: $200,000
- Beds: 2 | Baths: 1 | Square feet: 1,197
- See 900 S 4Th Ave, Sioux Falls, SD 57104 on