Is Sioux City, IA 51101 a buyer’s or seller’s market?
Sioux City is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Sioux City housing market right now
In the three months ending August 31, 2026, 0% of homes in Sioux City, IA 51101 sold above their list price, the typical home went under contract in 10 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (33 days then) and the median sale price held steady to $187,419. Overall, Sioux City is more competitive than a year ago, so tougher for buyers.
Within Woodbury County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sergeant Bluff 51054 (50% sold over asking) and Sloan 51055 (40% sold over asking) are even more competitive.
Run the numbers for 51101
Nearby markets
Anthon 51004Balanced $112 /sq ftBronson 51007 — /sq ftClimbing Hill 51015 — /sq ftCorrectionville 51016Seller’s market $124 /sq ft Browse all markets →Where Sioux City is
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Questions about Sioux City real estate
Is Sioux City a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Sioux City, IA 51101 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sioux City?
The typical home went under contract in 10 days in the latest three months.
Do homes in Sioux City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Sioux City?
About 1.45% of a home’s value a year in Woodbury County, or roughly $5,800 on a $400,000 home.
What is the median home price in Sioux City?
The median sale price was $187,419 in the three months ending August 31, 2026, about $199 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology