The housing market in Sioux City, IA Metro Area is thriving. The median value of homes in the area is $195,800, significantly lower than the median US value of $338,100. Over the past year, house appreciation has grown substantially in Sioux City with an impressive 12.07% increase compared to the 8.27% increase across the US. As such, this region is becoming increasingly attractive to potential buyers looking for more affordable housing options.
The median home cost in Sioux City Metro Area is $195,800. Home appreciation the last 10 years has been 88.4%. Home Appreciation in Sioux City Metro Area is up 15.8%.
Average Age of Homes
- The median age of Sioux City Metro Area real estate is 54 years old
The Rental Market in Sioux City Metro Area
- Renters make up 27.8% of the Sioux City Metro Area population
- 1.7% of houses and apartments in Sioux City Metro Area, 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.