Sioux City, IA—51104
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 $219,000, with a year-over-year change of 3.0%. This indicates that home prices in Sioux City, IA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 3.0% |
| Single Family | $221,000 | 3.3% |
| Condos | $130,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | 3.2% |
3 Bed | $226,000 | 3.2% |
4 Bed | $272,000 | 3.4% |
| 5 Bed | $332,000 | 3.8% |
% of Housing Stock
Rental Trends — Sioux City, IA
As of July '25, Rentcast reports the average rent in Sioux City, IA is $1,240, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Sioux City, IA is studios: $700, 1-bedrooms: $987, 2-bedrooms: $1,100, 3-bedrooms: $1,480. The most common rental property sizes in Sioux City, IA are 2-bedroom and 1-bedroom, accounting for 45.5% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,240 |
| Studio Rent | $700 | $700 |
| 1 Bed Rent | $1,060 | $987 |
| 2 Bed Rent | $900 | $1,100 |
| 3 Bed Rent | $1,500 | $1,480 |
| 4 Bed Rent | N/A | N/A |
% 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 39. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $258,000 | -13.0% |
Listing Count | 69 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 39 | 4.0% |
Demographics — Sioux City, IA
As of the latest ACS Survey released in 2023, Sioux City, IA has a population of 22,800, which has remained stable by -0.6% over the past 5 years. Sioux City, IA is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,800 | -0.6% |
% Under 18 | 24.0% | -13.7% |
% Seniors | 15.0% | 3.4% |
% WFH | 4.9% | 8.9% |
% w/ College Degree | 28.2% | -14.3% |
As of the latest ACS Survey released in 2023, Sioux City, IA is a predominantly white area, with 64.0% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Sioux City, IA is hispanic, making up 20.1% of the population. Foreign-born residents account for 11.8% of the population in Sioux City, IA, and this percentage has increased by 16.8% 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 | 64.0% | -7.1% |
% Black | 5.4% | 8.0% |
% Hispanic | 20.1% | 15.5% |
% Asian | 4.5% | -15.1% |
% Foreign Born | 11.8% | 16.8% |
Mortgage and Risk — Sioux City, IA
According to HUD data as of 2023, there were 412 mortgage originations in Sioux City, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Sioux City, IA. Investor activity is low, as 11.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 412 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Sioux City, IA
Sioux City, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 366 |
Total Units Section 8 | 366 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 90.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,060 | $820 |
| 2 Bedroom | $150 | $900 | $1,050 |
| 3 Bedroom | -$230 | $1,500 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Sioux City, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $219,000 |
| Median Household Income | $75,000 |