The housing market in 51109 Sioux City, IA is very healthy. The median value of all homes in the area is $153,800, which is much lower than the US house median value of $338,100. Despite this difference in median home values, the 1 year house appreciation rate for 51109 Sioux City, IA is actually higher than the national average at 13.61%, compared to 8.27%. This indicates that there has been a steady increase in home prices over the last year and that there is strong demand for real estate in this area. Therefore it can be concluded that 51109 Sioux City, IA is a great place to invest in real estate.
The median home cost in Sioux City (zip 51109) is $153,800. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Sioux City (zip 51109) is up 15.9%.
Average Age of Homes
- The median age of Sioux City (zip 51109) real estate is 52 years old
The Rental Market in Sioux City (zip 51109)
- Renters make up 30.9% of the Sioux City (zip 51109) population
- 0.0% of houses and apartments in Sioux City (zip 51109), 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.