Housing Market Overview
| Metric |
Sioux County |
North Dakota Avg |
US Average |
| Median Home Price |
— |
$140,972 |
$242,182 |
| Price Trend (Annual %) |
— |
2.1% |
8.2% |
| Median Gross Rent |
$465 |
$934 |
$1,342 |
| Rent Trend (Annual %) |
0.6% |
3.5% |
5.1% |
| Household Income Trend (Annual %) |
— |
— |
— |
Affordability
| Metric |
Sioux County |
North Dakota Avg |
US Average |
| Median Home Price |
— |
$140,972 |
$242,182 |
| Median Household Income |
$41,944 |
$76,061 |
$78,145 |
| Price-to-Income Ratio |
— |
1.9 |
3.1 |
Occupancy & Tenure
| Metric |
Sioux County |
North Dakota Avg |
US Average |
|
Homeownership Rate
|
38.5% |
55.0% |
58.2% |
| Rental Rate |
45.1% |
31.7% |
31.3% |
| Vacancy Rate |
16.4% |
13.3% |
10.6% |
|
Median Tenure (years)
|
24.0 |
14.0 |
15.0 |
| Median Year Moved In |
2002 |
2012 |
2011 |
Housing Stock
| Metric |
Sioux County |
North Dakota Avg |
US Average |
| Average Household Size |
3.50 people |
2.31 people |
2.54 people |
| Median Structure Built Year |
1973 |
1983 |
1978 |
| Median
Number of Rooms
|
5.2 |
5.7 |
5.5 |