Sioux Falls Home Prices Keep Increasing

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Home prices keep increasing in the Sioux Falls area.

That’s according to a report out Friday by The REALTOR Association of the Sioux Empire.

In September the median sales price increased 5.7 percent to $195,550.

Analysts say although mortgage rates have remained enticingly low, home prices have reached unaffordable levels for many people looking to buy their first house.

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