Sioux City, IA has a median home value of $165,200 which is lower than the US housing median value of $338,100. However, Sioux City homes appreciate much faster than the national average with a 1 year appreciation rate of 13.61%, nearly double the national average of 8.27%. The city's housing market is a great option for those looking to invest in a home as it offers an opportunity for significant return on investment over time.
The median home cost in Sioux City is $165,200. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Sioux City is up 15.9%.
Average Age of Homes
- The median age of Sioux City real estate is 62 years old
The Rental Market in Sioux City
- Renters make up 33.6% of the Sioux City population
- 1.9% of houses and apartments in Sioux City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.