Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 3,026, 1,361 total housing units (homes and apartments), and a median house value of $343,350, North Sioux City real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in North Sioux City, accounting for 41.01% of the city's housing units. Other types of housing that are prevalent in North Sioux City include large apartment complexes or high rise apartments ( 26.90%), duplexes, homes converted to apartments or other small apartment buildings ( 14.52%), and a few row houses and other attached homes ( 9.13%).
People in North Sioux City primarily live in small (one, two or no bedroom) single-family detached homes. North Sioux City has a mixture of owner-occupied and renter-occupied housing.
North Sioux City homes and real estate are some of the newest in America. 44.19% of North Sioux City's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the North Sioux City real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.46%), and between 1940-1969 ( 10.24%). There's also some housing in North Sioux City built before 1939 ( 3.11%).
North Sioux City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in North Sioux City during the period has been just 5.56%, which is lower than 70% of US communities.
Appreciation rates are so strong in North Sioux City that despite a nationwide downturn in the housing market, North Sioux City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, North Sioux City appreciation rates continue to be some of the highest in America, at 11.73%, which is higher than appreciation rates in 70.84% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in North Sioux City. North Sioux City appreciation rates in the latest quarter were at 1.06%, which equates to an annual appreciation rate of 4.32%.
Relative to South Dakota, our data show that North Sioux City's latest annual appreciation rate is higher than 90% of the other cities and towns in South Dakota.
$343,350
for South dakota
for nation
1,361
$1,323 / per month