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
With 13,319 people, 4,547 houses or apartments, and a median cost of homes of $123,360, house prices in South Sioux City are solidly below the national average.
Single-family detached homes are the single most common housing type in South Sioux City, accounting for 64.38% of the city's housing units. Other types of housing that are prevalent in South Sioux City include large apartment complexes or high rise apartments ( 21.21%), mobile homes or trailers ( 7.84%), and a few row houses and other attached homes ( 3.76%).
People in South Sioux City primarily live in small (one, two or no bedroom) single-family detached homes. South Sioux City has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in South Sioux City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in South Sioux City built between 1940-1969 ( 30.21%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.13%). There's also some housing in South Sioux City built before 1939 ( 11.54%).
In the last 10 years, South Sioux City has experienced some of the highest home appreciation rates of any community in the nation. South Sioux City real estate appreciated 24.70% over the last ten years, which is an average annual home appreciation rate of 2.23%, putting South Sioux City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, South Sioux City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in South Sioux City that despite a nationwide downturn in the housing market, South Sioux City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, South Sioux City appreciation rates continue to be some of the highest in America, at 6.28%, which is higher than appreciation rates in 76.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in South Sioux City. South Sioux City appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.88%.
Relative to Nebraska, our data show that South Sioux City's latest annual appreciation rate is higher than 70% of the other cities and towns in Nebraska.
|$885,001 - $1,180,000||0.0|
|$590,001 - $885,000||0.0|
|$472,001 - $590,000||0.0|
|$354,001 - $472,000||1.2|
|$236,001 - $354,000||5.8|
|$118,001 - $236,000||45.4|
|$59,001 - $118,000||29.0|
|$0 - $59,000||18.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF South Sioux City HOMES|
|2000 or Newer||15.1|
|1970 - 1999||43.1|
|1940 - 1969||30.2|
|1939 or Older||11.5|
|TYPE OF South Sioux City HOMES|
|Small Apt. Buildings||2.8|
|SIZE OF South Sioux City HOMES|
|5 or more bedrooms||4.86|