Sioux City, IA—51105
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 $130,000, with a year-over-year change of 2.3%. This indicates that home prices in Sioux City, IA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $130,000 | 2.3% |
| Single Family | $130,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $84,000 | -2.3% |
2 Bed | $115,000 | 2.7% |
3 Bed | $141,000 | 4.4% |
4 Bed | $146,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sioux City, IA
As of July '25, Rentcast reports the average rent in Sioux City, IA is $960, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Sioux City, IA is studios: $680, 1-bedrooms: $708, 2-bedrooms: $988, 3-bedrooms: $1,450. The most common rental property sizes in Sioux City, IA are 2-bedroom and 3-bedroom, accounting for 43.9% and 21.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $960 |
| Studio Rent | $680 | $680 |
| 1 Bed Rent | $700 | $708 |
| 2 Bed Rent | $797 | $988 |
| 3 Bed Rent | $1,100 | $1,450 |
| 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 78. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $174,000 | 6.0% |
Listing Count | 11 | -3.0% |
| Listings as % of Homes | 0.1% | -3.0% |
Days on Market | 78 | -21.0% |
Demographics — Sioux City, IA
As of the latest ACS Survey released in 2023, Sioux City, IA has a population of 10,700, which has increased by 9.2% over the past 5 years. Sioux City, IA is a popular place for families, as children make up 33.9% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | 9.2% |
% Under 18 | 33.9% | 22.4% |
% Seniors | 6.4% | -24.7% |
% WFH | 2.0% | -28.6% |
% w/ College Degree | 6.9% | -23.3% |
As of the latest ACS Survey released in 2023, Sioux City, IA is a predominantly hispanic area, with 39.8% of the population identifying as hispanic. The hispanic population has grown by 7.0% in the last 5 years. The second most common race or ethnicity in Sioux City, IA is white, making up 38.3% of the population. Foreign-born residents account for 25.3% of the population in Sioux City, IA, and this percentage has increased by 22.8% 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 | 38.3% | -15.3% |
% Black | 10.1% | 20.2% |
% Hispanic | 39.8% | 7.0% |
% Asian | 2.2% | -48.8% |
% Foreign Born | 25.3% | 22.8% |
Mortgage and Risk — Sioux City, IA
According to HUD data as of 2023, there were 117 mortgage originations in Sioux City, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Sioux City, IA. Investor activity is high, as 29.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 117 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 29.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
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 | 317 |
Total Units Section 8 | 317 |
% Rentals under Section 8 | 16.0% |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $700 | $710 |
| 2 Bedroom | $113 | $797 | $910 |
| 3 Bedroom | $10 | $1,100 | $1,110 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Sioux City, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $130,000 |
| Median Household Income | $46,900 |