How much is a home worth in ZIP code 57103?

The typical home in 57103 is worth $289,958, based on the Zillow Home Value Index.

Are home values rising in 57103?

Home values in 57103 are up 0.2% over the past year, and up 5.6% a year over five years.

What is the typical rent in 57103?

A typical home in 57103 rents for about $1,371 a month, a gross rental yield of 5.7%.

What is the property tax rate in 57103?

The effective property tax rate in 57103 is 1.1% — roughly $3,102 a year on a typical home.

ZIP code 57103 has a population of 35,582 and a median household income of $72,831.

HousingHandbookReference data

…

U.S. ZIP Code · SD57103

Minnehaha County · Sioux Falls, SD-MN

Typical home value

$289,958^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.2%
5-year / yr: +5.6%
10-year / yr: +6.3%

Relative price

vs U.S.: +2.1%
vs metro: -11.6%
vs state: -2.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 57103 is worth $289,958 — 11.6% below the Sioux Falls, SD-MN median. Over the past year, values have risen 0.2%. Homes here rent for a typical $1,371 a month — a 5.7% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,371^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $3,102^[3]

#Climate risk

FEMA National Risk Index ratings for Minnehaha County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 35,582^[3]
Median household income: $72,831^[3]

#Migration

Household moves in and out of Minnehaha County over a year, from IRS tax-return data.

Net migration: +599^[5]
Moved in: 7,181
Moved out: 6,582

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 7
Middle: 1
High: 0

Whittier Middle School - 08
Middle · Grades 6–8 · Sioux Falls School District 49-5
716 students
John Harris Elementary - 23
Elementary · Grades PK–5 · Sioux Falls School District 49-5
686 students
Harvey Dunn Elementary - 54
Elementary · Grades PK–5 · Sioux Falls School District 49-5
662 students
Anne Sullivan Elementary - 20
Elementary · Grades PK–5 · Sioux Falls School District 49-5
627 students
Cleveland Elementary - 14
Elementary · Grades PK–5 · Sioux Falls School District 49-5
479 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$16,449

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,466

Loan principal$231,966

Down payment$57,992

Total interest paid$295,860

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.43

Monthly cost to own$1,966

Monthly rent$1,371

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 21st percentile^[1]
Rental yield: 90th percentile^[2]
Property tax: 68th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 57103?: The typical home in 57103 is worth $289,958, based on the Zillow Home Value Index.
Are home values rising in 57103?: Home values in 57103 are up 0.2% over the past year, and up 5.6% a year over five years.
What is the typical rent in 57103?: A typical home in 57103 rents for about $1,371 a month, a gross rental yield of 5.7%.
What is the property tax rate in 57103?: The effective property tax rate in 57103 is 1.1% — roughly $3,102 a year on a typical home.
Who lives in 57103?: ZIP code 57103 has a population of 35,582 and a median household income of $72,831.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

57105 vs 57103 →
Sioux Falls, SD
Typical home
$290,414
Gross yield
5.2%
57014 vs 57103 →
Centerville, SD
Typical home
$291,185
Gross yield
—
57043
Marion, SD
Typical home
$284,475
Gross yield
—
57036
Hurley, SD
Typical home
$298,861
Gross yield
—
57013
Canton, SD
Typical home
$301,750
Gross yield
—
57077
Worthing, SD
Typical home
$301,874
Gross yield
—

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#Jump to section

U.S. ZIP Code · SD57103

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