Sioux Falls Real Estate Past Blogs
Browse all Sioux Falls real estate articles from Tyce Ortman, including home-buying guidance, seller questions, local market insights, neighborhood comparisons, and practical answers for homeowners.
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Selling an Inherited House in Sioux Falls: What to Know
Selling an inherited house in Sioux Falls usually means probate, but South Dakota has no estate or income tax and a stepped-up basis often erases capital gains.
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What Happens If Your Buyer’s Financing Falls Through in Sioux Falls?
If your Sioux Falls buyer’s loan falls through, the deal isn’t necessarily dead. You may keep the earnest money, use a kick-out, or relist. Here’s what to do.
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How Long Does It Take to Sell a House in Sioux Falls?
Most Sioux Falls homes sell in about 2–4 months — a few weeks to get an offer, then 30–45 days to close. Here’s what speeds it up and what slows it down.
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What Credit Score Do You Need to Buy a House in Sioux Falls?
You can buy a home in Sioux Falls with a 580–620 credit score, depending on loan type. Here’s the minimum for FHA, VA, conventional, and SDHDA loans.
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VA Home Loans in Sioux Falls: How to Buy With $0 Down
Eligible veterans can buy a Sioux Falls home with no down payment and no monthly mortgage insurance through a VA loan. Here’s how it works and what it costs.
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How to Get the Owner-Occupied Property Tax Break in Sioux Falls
South Dakota’s owner-occupied classification cuts the school general fund levy on your primary home. File the form with your county by March 15. Here’s how.
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FHA vs. Conventional Loan in Sioux Falls (2026)
FHA loans need 3.5% down but keep mortgage insurance for life; conventional starts at 3% down with cancelable PMI. Here’s how to choose in Sioux Falls.
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Is Sioux Falls a Buyer’s or Seller’s Market in 2026?
Sioux Falls is still a seller’s market in 2026 — about 3.3 months of inventory — but rising listings and new construction are giving buyers more room.
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Can You Ask the Seller to Pay Your Closing Costs in Sioux Falls?
Yes — in Sioux Falls a seller can pay your closing costs through a concession, capped at 3–9% by loan type. Here’s how to ask and what it really costs you.
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Is It Cheaper to Rent or Buy in Sioux Falls?
Renting is cheaper month-to-month in Sioux Falls, but buying a median $340,450 home builds equity. Here’s how the 2026 rent-versus-buy numbers really compare.
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Should You Accept a Contingent Offer on Your Sioux Falls Home?
A contingent offer ties your Sioux Falls sale to the buyer selling their home first. Here’s when to accept one, and how a kick-out clause protects you.
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Do You Pay Capital Gains Tax When You Sell a House in South Dakota?
South Dakota charges no state capital gains tax when you sell your home, and the federal Section 121 exclusion shields up to $250K/$500K of your gain. Here’s the math.
Tyce Ortman | eXp Realty 