Permit Statistics

1. Overview

City of Sioux Falls Planning and Development Services 2025 Year-End Building Permits Report

January 14, 2026

Welcome to the Building Services Year-End Building Permits Report for the City of Sioux Falls. The following are permit statistics for 2025 with comparisons to previous years. For a fifth straight year, permits exceeded $1 billion, and it was our second-best year to date.

Neil King
Chief Building Official

2. Permits Issued

In 2025, 5,615 building permits were issued in Sioux Falls. This was a decrease from 2024, in which 6,183 permits were issued. The slight reduction in permits is due to a slowdown in residential construction—not only in new homes, but also in additions and home-improvement projects. In 2022, we issued 11,171 permits, more than 5,000 of which were shingle permits due to the multiple destructive storms that year, like the derecho. A typical year includes at least one hail event that averages between 1,800 and 2,000 shingle permits.

Total Construction Valuation

The construction valuation in 2025 totaled $1,327,437,573. The year kicked off with $102 million in construction valuation, with the following months either coming in on average or above through July. August had a slight reduction from normal for that time of the year. It quickly turned around with September at $118 million and October at $195 million. December’s number was well above average at $73 million.

• 23.2 percent increase from 2024
• 18.9 percent increase from 2023
• 31.2 percent decrease from 2022

Total construction valuation is defined as the quoted or calculated construction valuation for all commercial and residential new buildings, as well as additions, repairs, remodels, and renovations built within Sioux Falls.

3. Residential

Single-Family Dwellings

Sioux Falls added 357 new single-family dwellings in 2025. This is a decrease of 175 single-family dwelling units from 2024.

• 32.8 percent decrease from 2024 (532 units)
• 15.2 percent decrease from 2023 (421 units)
• 43.8 percent decrease from 2022 (636 units)

In 2025, the dollar value for all new single-family dwellings increased slightly to $141,809,129. The average dollar value per dwelling increased from $265,912 to $321,594. The average square footage per dwelling this past year was 1,572 square feet, an increase from 1,393 square feet in 2024.

4. Town Houses

Sioux Falls had 403 permits issued for town house units in 2025, which is up from the 344 permits issued in 2024. This has been a relatively steady number with slight increases and decreases over the past few years.

• 17.1 percent increase from 2024 (344 units issued)
• 21.7 percent increase from 2023 (331 units issued)
• 0.5 percent decrease from 2022 (405 units issued)

An average valuation for a town house in Sioux Falls increased in 2025 to $217,331. The average floor plan also increased to 1,030 square feet compared to 885 square feet in 2024.

5. Multifamily

Multifamily dwellings include non-transient housing such as apartments, independent living centers, congregate living facilities, and condominiums. The number of permits issued in 2025 was for 1,168 dwelling units. This is down 88 units from 2024.

• 7 percent decrease from 2024 (1,256 units issued)
• 39 percent decrease from 2023 (1,930 units issued)
• 65 percent decrease from 2022 (3,343 units issued)

Top Apartment Projects

The following are the top 5 apartment building projects in value for 2025:

Cumulative Number of Dwelling Units

The total number of dwelling units for 2025 was 1,999. This is the lowest since 2019 (1,642), and down 553 units from the 10-year average of 2,552 units.

• 7 percent decrease from 2024 (2,150 total dwelling units constructed)
• 25 percent decrease from 2023 (2,682 total dwelling units constructed)
• 54 percent decrease from 2022 (4,384 total dwelling units constructed)

The cumulative number of dwelling units consists of single-family dwellings, duplexes, town houses, and multifamily dwellings.

6. Commercial

There were 138 building permits issued for new commercial buildings, which consisted of 80 new apartment buildings and 58 permits for other new business construction. The total valuation for new commercial buildings in 2025 was $711.6 million. In 2025, commercial construction in Sioux Falls included:

• $84.0 million for manufacturing
• $192.2 million for apartments
• $29.6 million for office, educational, and institutional occupancies
• $405.8 million for all other commercial buildings (e.g., strip malls, hotels, and restaurants)

The total construction valuation for commercial additions, renovations, and remodels in 2025 was $314.2 million.

• 82.6 percent increase from 2024 ($172 million)
• 46.1 percent increase from 2023 ($215 million)
• 7.5 percent decrease from 2022 ($340 million)

Including apartment buildings, there were 17 commercial projects permitted in 2025 with construction valuations of $10 million or more. The top commercial projects ranked by value are: