Sioux City, IA—51103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sioux City, IA
As of Oct '25, the median home price in Sioux City, IA is $154,000, with a year-over-year change of 1.9%. This indicates that home prices in Sioux City, IA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $154,000 | 1.9% |
| Single Family | $154,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $92,000 | 0.0% |
2 Bed | $131,000 | 0.8% |
3 Bed | $174,000 | 3.6% |
4 Bed | $181,000 | 4.0% |
| 5 Bed | $210,000 | 4.0% |
% of Housing Stock
Rental Trends — Sioux City, IA
As of July '25, Rentcast reports the average rent in Sioux City, IA is $1,130, with a year-over-year rent change of 8.7%. Per bedroom, the median rent as of July '25 in Sioux City, IA is studios: $700, 1-bedrooms: $788, 2-bedrooms: $938, 3-bedrooms: $1,600, 4-bedrooms: $2,800. The most common rental property sizes in Sioux City, IA are 3-bedroom and 2-bedroom, accounting for 32.5% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $1,130 |
| Studio Rent | $700 | $700 |
| 1 Bed Rent | $725 | $788 |
| 2 Bed Rent | $900 | $938 |
| 3 Bed Rent | $1,400 | $1,600 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Sioux City, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sioux City, IA is 56. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | 5.0% |
Listing Count | 43 | -13.0% |
| Listings as % of Homes | 0.2% | -13.0% |
Days on Market | 56 | -1.0% |
Demographics — Sioux City, IA
As of the latest ACS Survey released in 2023, Sioux City, IA has a population of 17,100, which has decreased by -1.2% over the past 5 years. Sioux City, IA is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | -1.2% |
% Under 18 | 26.2% | -14.9% |
% Seniors | 16.6% | 44.3% |
% WFH | 5.4% | 125.0% |
% w/ College Degree | 17.1% | 55.5% |
As of the latest ACS Survey released in 2023, Sioux City, IA is a predominantly white area, with 52.6% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Sioux City, IA is hispanic, making up 31.3% of the population. Foreign-born residents account for 16.0% of the population in Sioux City, IA, and this percentage has increased by 17.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 52.6% | -4.0% |
% Black | 3.8% | -37.7% |
% Hispanic | 31.3% | 10.2% |
% Asian | 4.5% | 15.4% |
% Foreign Born | 16.0% | 17.6% |
Mortgage and Risk — Sioux City, IA
According to HUD data as of 2023, there were 213 mortgage originations in Sioux City, IA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Sioux City, IA. Investor activity is high, as 16.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 213 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 16.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sioux City, IA
As of 2024, the percent of homes in Sioux City, IA under the Section 8 program is 20.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Sioux City, IA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 516 |
Total Units Section 8 | 461 |
% Rentals under Section 8 | 20.6% |
% Occupied Section 8 | 84.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $95 | $725 | $820 |
| 2 Bedroom | $150 | $900 | $1,050 |
| 3 Bedroom | -$130 | $1,400 | $1,270 |
| 4 Bedroom | -$1,410 | $2,800 | $1,390 |
Affordability — Sioux City, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $154,000 |
| Median Household Income | $57,200 |