South Sioux City, NE—68776
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Sioux City, NE
As of Aug '25, the median home price in South Sioux City, NE is $223,000, with a year-over-year change of 4.5%. This indicates that home prices in South Sioux City, NE are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $103,000 | 1.0% |
2 Bed | $176,000 | 3.5% |
3 Bed | $247,000 | 4.7% |
4 Bed | $300,000 | 2.7% |
| 5 Bed | N/A | N/A |
Rental Trends — South Sioux City, NE
As of Jul '25, the average rent in South Sioux City, NE is $1,380, with a year-over-year rent change of 39.3%. 1-bedroom units average $860 (3.6%); 3-bedroom units average $1,900 (46.2%)
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $911 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $810 | $860 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,900 |
| 4 Bed Rent | N/A | N/A |
Property Listings — South Sioux City, NE
As of Aug '25 and according to Realtor.com, the median days on market for a home in South Sioux City, NE is 32. This is an increase of 35.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -8.0% |
Listing Count | 21 | N/A |
| Listings as % of Homes | 0.3% | N/A |
Days on Market | 32 | 35.0% |
Demographics — South Sioux City, NE
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,000 | 1.0% |
% Under 18 | 30.1% | -0.3% |
| % Under 5 | N/A | N/A |
% Seniors | 11.9% | -4.0% |
% WFH | 7.4% | 174.1% |
% w/ College Degree | 15.5% | 38.4% |
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 31.5% | -20.5% |
% Black | 11.4% | 83.9% |
% Hispanic | 48.8% | 3.4% |
% Asian | 3.3% | -17.5% |
% Foreign Born | 29.4% | -3.0% |
Mortgage and Risk — South Sioux City, NE
According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in South Sioux City, NE in that year was 153. 86.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 71.0%. Of those, 32.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in South Sioux City, NE. Investor activity in South Sioux City, NE is high, as 16.0% of all loans are originated by investors. In 2023, 8.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.
Mortgages
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
Total Loan Originations | 153 | N/A | N/A |
% Conventional Loans | 86.0% | N/A | N/A |
% Government Loans | 14.0% | N/A | N/A |
% Investor Loans | 16.0% | N/A | N/A |
% Second Loans | 0.0% | N/A | N/A |
% Cash Out Refinance | 8.0% | N/A | N/A |
Rentals and Section 8 — South Sioux City, NE
As of 2024, the percent of homes in South Sioux City, NE under the Section 8 program is 19.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.
Section 8 Market Size
Total Units under HUD | 459 |
Total Units Section 8 | 434 |
% Rentals under Section 8 | 19.5% |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $810 | $840 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | -$10 | $1,300 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — South Sioux City, NE
Home Price to Income Ratio
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
| Home Price to Income Ratio | 2.9 | N/A | N/A |
| Median Home Price | $223,000 | N/A | N/A |
| Median Household Income | $68,700 | N/A | N/A |