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Rent To Own Homes in Sioux City, IA

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View this home at La Plante Ave Sioux City IA 51109
Preforeclosure
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$137,765 EMV
La Plante Ave
Sioux City, IA 51109
EST. RENT: $1,378
|
AUCTION: 05-07-2024
1 View this home at Address Sioux City IA 51103
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$1 List Price
Address
Sioux City, IA 51103
Single-Family
AUCTION: 04-16-2024
Single-Family
View this home at Forest View Ave Sioux City IA 51103
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$277,729 EMV
Forest View Ave
Sioux City, IA 51103
Single-Family
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3 |
1
|
1,408
EST. RENT: $1,560
|
AUCTION: 04-30-2024
Single-Family
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3 |
1
|
1,408
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Home Value Estimator For Sioux City, IA

There are currently 27,539 real estate properties in Sioux City, IA, with a median automated valuation model (AVM) price of $176,508.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sioux City, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sioux City, IA, is $203,494.00, with the most expensive house in Sioux City, IA, topping out at $44,470,600.00 and the cheapest home in Sioux City, IA, clocking in at $10,605.00. In other words, there’s something for every potential homebuyer or savvy investor in Sioux City, IA!


Rent Prices In Sioux City, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sioux City, IA, is on a rollercoaster ride. The average rent price in Sioux City, IA, is $1,265.00. Indeed, when looking to rent in Sioux City, IA, you can expect to pay as little as $500.00 or as much as $2,820.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Sioux City, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Sioux City, IA In 2024

Sioux City is located in Woodbury, Iowa, with an estimated municipal population of 82,651 residents. All of the best foreclosed homes for sale in Sioux City are located in the following zip code areas on Foreclosure.com: 51106 51104 51105 51103 51101 51108 51109 51111. The estimated population per square kilometer (.62 miles) in Sioux City is 545.


Cost Of Living In Sioux City, IA

So, about how much do homes cost in Sioux City? The most recent median value of resident-owned homes in Sioux City is 116,697. An estimated 62.7 percent of households in Sioux City own their homes, with an average family size of 3.17. The median household income in Sioux City is 55,433, with21.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sioux City, the median commute time of resident workers (in minutes) is 17.3. And last, but certainly not least, are you looking for homes to rent in Sioux City? If so, the average rent price paid by renters in Sioux City is 783, according to recent statistics.


Diversity And Demographics In Sioux City, Iowa

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sioux City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Sioux City is 34.4, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Sioux City is 45.1, with an average family size of 3.17.

The percentage of residents who report their race in Sioux City is as follows:

White 83.4%
Black / African American 4.4%
Asian 3.4%
American Indian / Alaskan Native 2.1%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 3.8%
Other 2.5%

Looking for family-friendly neighborhoods in and/or near Sioux City? Or maybe you are searching for 55+ active adult communities in and/or near Sioux City?

The percentage of residents who report their age in Sioux City is as follows:

Under 10 14.5%
Aged 10-19 15.1%
20s 14.5%
30s 13.3%
40s 11.4%
50s 11.5%
60s 10.4%
70s 5.6%
80+ 3.5%

Best Schools In Sioux City, Iowa

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sioux City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sioux City.


Pros And Cons Of Living In Sioux City, Iowa

How do you know that living in -- or moving to -- Sioux City is right where you need to be? Perhaps you grew up in Sioux City or already live nearby; therefore, the decision to buy a home in Sioux City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sioux City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sioux City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sioux City.


Reasons To Move To Sioux City, Iowa, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sioux City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sioux City, meanwhile, can field multiple offers from more qualified buyers.

Sioux City, IA Rent To Own Homes


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