I’ve analyzed data from the Zillow Home Value Index to track South Dakota’s real estate market evolution from 2010 to 2025. The findings reveal remarkable investment patterns across the state’s most valuable neighborhoods, with many areas more than doubling in value over this 15-year period.
What’s particularly fascinating is how Sioux Falls dominates the landscape, capturing 20 of the top 25 spots, while Rapid City claims several premier positions including the #1 most expensive neighborhood. The data shows accelerated growth during the post-2020 period, with many neighborhoods seeing 50-60% appreciation in just five years.
Among the most remarkable performers are North End West with 176.4% growth since 2010, and Colonial Pine Hills, which despite limited historical data, surged 71.7% since 2020 to become South Dakota’s most valuable residential area at $568,837.
25. Norton Tracts
- 2025 Home Value: $188,043
- 2020 Home Value: $125,321
- 2015 Home Value: $89,739
- 2010 Home Value: $78,610
- % Change (2010–2025): 139.2%
- % Change (2015–2025): 109.5%
- % Change (2020–2025): 50.0%
Norton Tracts presents an impressive investment trajectory, nearly tripling in value over 15 years while maintaining consistent growth patterns throughout each measured period. Located in eastern Sioux Falls with convenient access to Interstate 229, this neighborhood has outperformed inflation by a significant margin, making it an entry-level gem in the South Dakota market. What’s particularly notable is its perfect balance of affordability and appreciation potential, with values continuing to climb at a sustainable rate.
24. Emerson
- 2025 Home Value: $190,556
- 2020 Home Value: $125,772
- 2015 Home Value: $86,886
- 2010 Home Value: $74,619
- % Change (2010–2025): 155.4%
- % Change (2015–2025): 119.3%
- % Change (2020–2025): 51.5%
Emerson’s financial performance showcases remarkable resilience, with its 155% appreciation since 2010 representing one of the strongest long-term returns in Sioux Falls’ entry-level market. The neighborhood has maintained accelerating growth momentum, with each five-year period outpacing the previous one in percentage terms. Situated near downtown Sioux Falls with its historic charm and tree-lined streets, Emerson combines affordability with steady appreciation that has consistently outpaced the statewide average.
23. Riverside
- 2025 Home Value: $195,821
- 2020 Home Value: $125,594
- 2015 Home Value: $85,842
- 2010 Home Value: $74,053
- % Change (2010–2025): 164.4%
- % Change (2015–2025): 128.1%
- % Change (2020–2025): 55.9%
Riverside stands out with its extraordinary 164.4% appreciation over 15 years, making it one of South Dakota’s best-performing long-term investments in the sub-$200K category. The neighborhood’s accelerating growth curve is particularly noteworthy, with its 55.9% five-year gain representing one of the strongest post-pandemic recoveries in Minnehaha County. Located along the Big Sioux River with natural water views and recreation access, Riverside combines geographical advantages with investment potential that continues to reward property owners.
22. Axtell Park
- 2025 Home Value: $204,259
- 2020 Home Value: $132,764
- 2015 Home Value: $93,296
- 2010 Home Value: $81,301
- % Change (2010–2025): 151.2%
- % Change (2015–2025): 118.9%
- % Change (2020–2025): 53.9%
Axtell Park’s financial trajectory reveals consistent strength across all time periods, with its 151.2% fifteen-year appreciation placing it squarely among Sioux Falls’ reliable wealth builders. The neighborhood crossed the significant $200,000 threshold in 2025, marking its transition from entry-level to mid-market status in the regional housing ecosystem. Located in north-central Sioux Falls near schools and community amenities, Axtell Park balances accessibility with investment potential that has yielded substantial returns for longtime property owners.
21. West Sioux
- 2025 Home Value: $207,033
- 2020 Home Value: $135,676
- 2015 Home Value: $98,613
- 2010 Home Value: $90,654
- % Change (2010–2025): 128.4%
- % Change (2015–2025): 109.9%
- % Change (2020–2025): 52.6%
West Sioux presents a fascinating investment case with its relatively higher 2010 baseline translating into a still-impressive 128.4% fifteen-year return, demonstrating the neighborhood’s enduring appeal. The area’s post-2020 surge of 52.6% shows particularly strong pandemic-era demand, possibly reflecting the shift toward more spacious residential options. Located on the western edge of Sioux Falls with expanding commercial amenities and newer infrastructure, West Sioux combines growth potential with slightly more established property values than neighboring districts.
20. Pettigrew Heights
- 2025 Home Value: $207,770
- 2020 Home Value: $130,644
- 2015 Home Value: $95,655
- 2010 Home Value: $80,406
- % Change (2010–2025): 158.4%
- % Change (2015–2025): 117.2%
- % Change (2020–2025): 59.0%
Pettigrew Heights demonstrates superior five-year performance with its 59% appreciation since 2020, suggesting this neighborhood is currently in a particularly active growth phase compared to peers. The area’s consistent appreciation across all measured periods indicates reliable investment fundamentals rather than speculative volatility. Situated near downtown Sioux Falls with its mix of historic homes and urban renewal projects, Pettigrew Heights represents a neighborhood in transition with substantial upside potential still remaining despite already impressive gains.
19. North End West
- 2025 Home Value: $208,870
- 2020 Home Value: $129,878
- 2015 Home Value: $88,901
- 2010 Home Value: $75,567
- % Change (2010–2025): 176.4%
- % Change (2015–2025): 134.9%
- % Change (2020–2025): 60.8%
North End West stands as South Dakota’s percentage growth champion, with its remarkable 176.4% fifteen-year appreciation representing the highest return among neighborhoods with complete historical data. The acceleration in growth is particularly striking, with recent five-year gains of 60.8% significantly outpacing earlier periods. Located in northern Sioux Falls with its mix of established homes and infill development, North End West exemplifies how strategic positioning within a growing metropolitan area can drive exceptional real estate performance.
18. Froelich Addition
- 2025 Home Value: $211,472
- 2020 Home Value: $139,501
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 51.6%
Froelich Addition’s relatively recent entry into the Zillow data still showcases impressive financial performance with a 51.6% five-year appreciation rate that places it firmly among Sioux Falls’ growth corridors. This newer neighborhood’s rapid value increase suggests successful development planning and strong market reception, potentially offering insights into future growth areas. Located in southeastern Sioux Falls with newer construction and modern amenities, Froelich Addition represents the evolving landscape of South Dakota residential development with contemporary features driving strong market demand.
17. Garfield
- 2025 Home Value: $214,512
- 2020 Home Value: $141,046
- 2015 Home Value: $100,290
- 2010 Home Value: $87,690
- % Change (2010–2025): 144.6%
- % Change (2015–2025): 113.9%
- % Change (2020–2025): 52.1%
Garfield’s investment profile demonstrates remarkable consistency across different economic cycles, with its 144.6% fifteen-year growth representing steadfast appreciation rather than volatile spikes. The neighborhood’s steady climb above the $200,000 threshold marks its transition into a more established market segment with potentially different buyer demographics. Nestled in central Sioux Falls with its established character and proximity to major employment centers, Garfield combines location advantages with price stability that has rewarded patient investors with reliable returns.
16. Augustana
- 2025 Home Value: $220,532
- 2020 Home Value: $141,263
- 2015 Home Value: $102,260
- 2010 Home Value: $87,638
- % Change (2010–2025): 151.6%
- % Change (2015–2025): 115.7%
- % Change (2020–2025): 56.1%
Augustana’s financial performance features a notable acceleration in the 2020-2025 period, with its 56.1% five-year gain indicating particularly strong pandemic-era demand for this established neighborhood. The consistent appreciation across all measured periods demonstrates fundamental market strength rather than speculative forces. Adjacent to Augustana University with its academic atmosphere and cultural amenities, this neighborhood benefits from institutional stability combined with strong rental demand that creates multiple paths to investment returns.
15. All Saints
- 2025 Home Value: $263,782
- 2020 Home Value: $163,124
- 2015 Home Value: $118,239
- 2010 Home Value: $99,534
- % Change (2010–2025): 165.0%
- % Change (2015–2025): 123.1%
- % Change (2020–2025): 61.7%
All Saints breaks through the $250,000 barrier with exceptional momentum, its 61.7% five-year growth rate representing one of the strongest pandemic-era performances in the dataset. The neighborhood’s consistent historical growth curve suggests fundamental value rather than market anomaly, with each period building upon previous gains. Situated in eastern Sioux Falls with its tree-lined streets and proximity to major medical facilities, All Saints benefits from both established residential character and institutional demand drivers that support continued appreciation.
14. Grandview Park
- 2025 Home Value: $281,068
- 2020 Home Value: $182,763
- 2015 Home Value: $134,464
- 2010 Home Value: $126,674
- % Change (2010–2025): 121.9%
- % Change (2015–2025): 109.0%
- % Change (2020–2025): 53.8%
Grandview Park’s appreciation profile reveals an interesting pattern, with relatively modest growth from 2010-2015 followed by accelerating gains in subsequent periods, culminating in a robust 53.8% post-pandemic surge. The neighborhood’s higher starting values translate to substantial absolute dollar gains despite slightly lower percentage returns compared to some peers. Located in northern Sioux Falls near its namesake park with expansive green spaces and recreation options, Grandview combines quality-of-life amenities with investment performance that has significantly outpaced inflation.
13. West Mesa Highlands
- 2025 Home Value: $284,570
- 2020 Home Value: $186,448
- 2015 Home Value: $135,968
- 2010 Home Value: $121,492
- % Change (2010–2025): 134.2%
- % Change (2015–2025): 109.3%
- % Change (2020–2025): 52.6%
West Mesa Highlands showcases classic appreciation curves with its strongest percentage gains in the earliest period, followed by consistent but slightly moderating growth rates as absolute values increase. The neighborhood’s rise from $121,492 to $284,570 represents significant wealth creation for long-term property owners. Situated on elevated terrain in western Sioux Falls with panoramic views and newer infrastructure, West Mesa Highlands combines topographical advantages with development patterns that continue to attract premium buyers to the area.
12. Silver Valley
- 2025 Home Value: $291,456
- 2020 Home Value: $192,310
- 2015 Home Value: $143,841
- 2010 Home Value: $134,776
- % Change (2010–2025): 116.3%
- % Change (2015–2025): 102.6%
- % Change (2020–2025): 51.6%
Silver Valley’s investment trajectory features relatively higher starting values but still delivers impressive 116.3% fifteen-year returns as it approaches the $300,000 threshold. The neighborhood’s post-2020 acceleration to 51.6% five-year growth indicates renewed market interest in this established area. Located in southern Sioux Falls with its combination of established homes and newer executive properties, Silver Valley represents a transitional market segment between mid-range and premium offerings with consistently strong performance through various economic cycles.
11. Meadow View Addition
- 2025 Home Value: $305,833
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Meadow View Addition breaks the significant $300,000 threshold despite limited historical data, suggesting this newer development has rapidly established itself in Sioux Falls’ premium market segment. While historical trends remain unavailable, the current valuation places it firmly among the city’s upper-tier residential options with likely strong amenities and construction standards. Positioned in southern Sioux Falls amidst newer development corridors with expansive lots and contemporary features, Meadow View represents South Dakota’s emerging luxury market with values that rival more established metropolitan areas.
10. Rapid Valley
- 2025 Home Value: $314,158
- 2020 Home Value: $206,770
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 51.9%
Rapid Valley stands out as one of the few Rapid City entries in the top 25, with its impressive 51.9% five-year appreciation demonstrating western South Dakota’s growing market strength. The surge from $206,770 to $314,158 in just five years represents substantial absolute dollar gains of over $107,000 for property owners. Located east of Rapid City proper with its more spacious lots and mountain views, Rapid Valley combines Black Hills lifestyle appeal with investment performance that has significantly outpaced national averages during the post-pandemic period.
9. Oak View
- 2025 Home Value: $317,512
- 2020 Home Value: $216,535
- 2015 Home Value: $162,963
- 2010 Home Value: $148,031
- % Change (2010–2025): 114.5%
- % Change (2015–2025): 94.8%
- % Change (2020–2025): 46.6%
Oak View demonstrates interesting investment characteristics with its slightly more modest 46.6% five-year growth compared to peers, suggesting a potentially more mature market cycle in this established premium neighborhood. Nevertheless, its fifteen-year performance more than doubled property values, generating substantial wealth for long-term owners. Situated in southern Sioux Falls with mature landscaping and larger lot sizes, Oak View represents the evolution of South Dakota’s upper-middle market segment with values that continue to appreciate despite already substantial baseline prices.
8. McKennan Park
- 2025 Home Value: $331,556
- 2020 Home Value: $219,282
- 2015 Home Value: $157,725
- 2010 Home Value: $134,170
- % Change (2010–2025): 147.1%
- % Change (2015–2025): 110.2%
- % Change (2020–2025): 51.2%
McKennan Park’s financial trajectory showcases exceptional long-term performance with 147.1% fifteen-year returns despite already commanding premium prices in 2010. The neighborhood’s consistent appreciation across all time periods demonstrates enduring market appeal rather than speculative patterns. Located in historic central Sioux Falls adjacent to its namesake park with architecturally significant homes and mature trees, McKennan Park combines prestige with investment performance that has consistently outpaced broader market averages.
7. Galway Park
- 2025 Home Value: $334,846
- 2020 Home Value: $242,182
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 38.3%
Galway Park presents a unique investment profile with its relatively modest 38.3% five-year growth compared to other top neighborhoods, suggesting potential market maturation or higher initial pricing that moderated percentage gains. Nevertheless, the area’s absolute dollar appreciation of nearly $93,000 since 2020 represents significant value creation for property owners. Located in southeastern Sioux Falls in Lincoln County with newer infrastructure and planned development, Galway Park represents a more contemporary addition to South Dakota’s premium residential options.
6. Kingswood
- 2025 Home Value: $341,981
- 2020 Home Value: $232,695
- 2015 Home Value: $173,467
- 2010 Home Value: $159,344
- % Change (2010–2025): 114.6%
- % Change (2015–2025): 97.1%
- % Change (2020–2025): 47.0%
Kingswood’s appreciation story reflects its established premium status, with higher initial values in 2010 still translating to impressive 114.6% fifteen-year returns and steady growth across all measured periods. The neighborhood’s consistent performance demonstrates enduring demand rather than speculative patterns, with each five-year increment building upon previous gains. Located in southeastern Sioux Falls with its larger lots, established landscaping and executive homes, Kingswood represents South Dakota’s mature luxury market with values that have consistently appreciated despite already commanding premium prices.
5. Green Valley
- 2025 Home Value: $374,035
- 2020 Home Value: $239,270
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 56.3%
Green Valley demonstrates exceptional five-year performance with its 56.3% appreciation representing absolute dollar gains of nearly $135,000 since 2020, positioning it among Rapid City’s premium neighborhoods. This strong growth trajectory suggests continued market confidence in western South Dakota’s luxury segment despite already substantial baseline values. Located in southern Rapid City with scenic valley views and newer custom homes, Green Valley exemplifies the Black Hills region’s growing appeal to high-end buyers seeking both lifestyle amenities and strong investment performance.
4. Anderson
- 2025 Home Value: $430,679
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Anderson breaks into South Dakota’s ultra-premium market with its $430,679 valuation despite limited historical data, suggesting this newer addition to Sioux Falls’ luxury segment has rapidly established itself among the state’s most desirable addresses. While growth metrics remain unavailable, the absolute valuation places it firmly in the upper echelon of Minnehaha County real estate. Situated in southern Sioux Falls amidst newer executive developments with larger lots and custom features, Anderson represents the evolution of South Dakota’s luxury residential market with values approaching half a million dollars.
3. Roosevelt
- 2025 Home Value: $437,255
- 2020 Home Value: $308,509
- 2015 Home Value: $240,341
- 2010 Home Value: $214,014
- % Change (2010–2025): 104.3%
- % Change (2015–2025): 81.9%
- % Change (2020–2025): 41.7%
Roosevelt’s investment profile showcases the power of compounding growth in premium markets, with its already-substantial 2010 value of $214,014 more than doubling to $437,255 by 2025. The neighborhood’s 41.7% five-year performance represents significant absolute dollar gains despite a slightly lower percentage rate compared to some less expensive areas. Located in central Sioux Falls with its historic prestige and architectural significance, Roosevelt combines established character with investment resilience that has consistently delivered substantial returns despite starting from an already premium baseline.
2. Pine Lakes Addition
- 2025 Home Value: $505,622
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Pine Lakes Addition surpasses the half-million dollar threshold despite limited historical data, marking a significant milestone in South Dakota’s real estate evolution as more neighborhoods enter true luxury territory. While growth metrics remain unavailable, the absolute valuation places it second only to Colonial Pine Hills in the state’s residential hierarchy. Located in southeastern Sioux Falls with its newer custom homes surrounding golf course amenities, Pine Lakes represents South Dakota’s emerging luxury lifestyle market with values that rival more established metropolitan areas across the Midwest.
1. Colonial Pine Hills
- 2025 Home Value: $568,837
- 2020 Home Value: $331,372
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 71.7%
Colonial Pine Hills stands as South Dakota’s undisputed real estate value leader with its exceptional $568,837 average and remarkable 71.7% five-year appreciation representing absolute gains of over $237,000 since 2020. This extraordinary growth trajectory establishes it as the state’s premier residential investment opportunity despite already commanding the highest baseline values. Located west of Rapid City in the Black Hills foothills with its pine-covered lots and mountain views, Colonial Pine Hills combines natural beauty with investment performance that has significantly outpaced both regional and national luxury markets.
