Is Sioux City, IA 51104 a buyer’s or seller’s market?
Sioux City is a seller’s market. With about 2.4 months of supply and 15% 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.
More competitive than 50% of U.S. ZIP codes, and #85 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sioux City housing market right now
In the three months ending August 31, 2026, 15% of homes in Sioux City, IA 51104 sold above their list price, the typical home went under contract in 19 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 80 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold faster (22 days then) and the median sale price rose 12% to $263,636. Overall, Sioux City is less competitive than a year ago, which gives buyers more room.
Within Woodbury County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Sioux City ranks #85 of 156 IA ZIP codes with enough sales (score 49 out of 100).
Nearby, buyers who want less competition could look at Sioux City 51101 (0% sold over asking) or Salix 51052 (0% sold over asking), while Sergeant Bluff 51054 (50% sold over asking) and Sloan 51055 (40% sold over asking) are even more competitive.
Run the numbers for 51104
Nearby markets
Anthon 51004Balanced $112 /sq ftBronson 51007 — /sq ftClimbing Hill 51015 — /sq ftCorrectionville 51016Seller’s market $124 /sq ft Browse all markets →Towns like Sioux City nearby
Find towns like Sioux City in other states →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 2.4 months of supply in Sioux City, IA 51104 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 19 days in the latest three months.
Do homes in Sioux City sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 97.1% 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 $263,636 in the three months ending August 31, 2026, about $126 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