Updated November 2026
As summer wraps up, it is a good time to review your home search or selling plans. Rather than rely on a regional headline, focus on comparable homes, your budget and the choices available in your price range.
What This Means for Buyers
Be ready to move. Get pre-approved and make a clear list of must-haves before touring homes.
Watch for new listings. Set up alerts so you see fresh options right away.
Look at comparable sales. A regional median does not tell you what a particular home is worth. Review recent sales of similar homes in the area you are considering.
What This Means for Sellers
Prepare before listing. Well-priced, well-prepared homes can stand out to buyers who are comparing their options.
Plan around your timeline. The right time to list depends on your goals, the preparation your home needs and the competition in your price range.
Price from your comps. Your home's value depends on your area and price range, not a regional headline.
Reading Market Reports
Check the report month and the area covered before comparing numbers. A single-month median and a year-to-date median cover different periods and should not be treated as interchangeable. Inventory and months supply describe available supply, while closed sales describe completed transactions. None of these measures alone establishes what your home is worth.
Let's Talk About Your Plans
Thinking about selling this fall? Visit my selling page for a free market analysis. Looking to buy? Start on my buyers page, or read the spring 2026 update.
For the full buying process, see my first-time home buyer guide. For the selling timeline, read my guide to what to expect when selling a house in Sioux Falls.
Call or text me at 605.999.3522 or email tyler@amystockberger.com.
Tyler Stunes, Amy Stockberger Real Estate. This article offers general planning guidance, not a valuation of any specific home.
Photo by Pixabay on Pexels. Photo on Unsplash.
Sources
CFPB Owning a Home: https://www.consumerfinance.gov/owning-a-home/