The market has officially flipped: as it stands today, new construction homes are now less expensive than existing homes. According to NAHB, the median sales price of a new single-family home was $410,800 in the second quarter of 2025, while the median price of an existing home climbed to $429,400. That’s not a typo—older homes are now more expensive than brand-new builds. It’s the kind of market twist that makes you rethink what “value” really looks like, and townhomes are right in the sweet spot of this new reality.
Homeownership: The American Dream
Owning a home has always been part of the American dream, but rising interest rates and record-setting prices have made it feel out of reach for many buyers. New build townhomes cut through that frustration by offering a path into ownership that doesn’t demand you sacrifice every weekend—or every dollar in your bank account. They combine affordability with the perks of new construction, like efficiency and low maintenance, making homeownership feel realistic again. In a market full of hurdles, townhomes are a reminder that the dream is still possible -- especially here in Sioux Falls.
Townhomes are often seen as the first step into homeownership—and that’s a pretty great place to start. They make it easier to get on the property ladder, build equity, and take ownership of something brand-new without the sticker shock of a larger single-family home. But calling them just a “starter” doesn’t do them justice. Investors, empty nesters, and busy professionals are discovering that townhomes offer the perfect mix of affordability, flexibility, and modern living, making them a smart choice for every stage of life.
Smart Spaces, Big Living
Empire Homes townhomes are built with space in mind—both in square footage and in design. Soaring 18-foot ceilings with high windows flood the rooms with natural light, while open layouts make everyday living flow. Floor plans are crafted to meet buyers where they’re at, with options like lofts for extra living space, kitchens designed for entertaining, and finishes that bring a modern edge. Every detail is planned with purpose, creating townhomes that adapt to you.
Here’s the kicker: not only are new homes priced lower than existing ones right now, but they also save you money down the road. New builds come with fewer surprise repairs, modern layouts that actually fit today’s lifestyles, and energy-efficient systems that cut down monthly bills. Older homes might charm you with character, but they’re often hiding costly updates behind the walls. Empire Homes even offers a 3% homebuyer credit, which buyers can put toward customizing finishes, upgrading appliances, or adding those extra touches that make a home truly theirs. On top of that, HOA living takes care of exterior maintenance, landscaping, and common-area upkeep, giving residents more time to enjoy their home and all that Sioux Falls has to offer instead of chores. Suddenly, new construction townhomes feel like the obvious choice.
Life doesn’t pause for the housing market, and your home shouldn’t either. New townhomes give you space, style, and flexibility to move forward—without compromise. In a world full of options, this is one that makes sense.