Market Overview
Home Prices in Sioux Rapids, IA
The median home value in Sioux Rapids, IA is $174,508 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sioux Rapids are priced57% below average. Sioux Rapids is part of the Storm Lake, IA metro area.
Over the past five years, Sioux Rapids home values have risen by approximately27.0%, reflecting strong long-term appreciation in this market.
Price History
Sioux Rapids Home Price Trend
City Comparison
Sioux Rapids vs. National Median
At $174,508, homes in Sioux Rapids cost 57% below the national median of $410,000. This makes Sioux Rapids a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sioux Rapids?
20% Down Payment
$34,902
on $174,508
Monthly P&I
$910/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,156/mo
incl. taxes & insurance
Income Needed
$46,240
gross annual (30% rule)
10% Down Option
$17,451
+ PMI applies
Loan Amount (20% dn)
$139,606
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Sioux Rapids, IA?
The median home value in Sioux Rapids is $174,508 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in Sioux Rapids?
Over the past year, home values in Sioux Rapids have increased by 7.7%. Over five years, prices have risen approximately 27.0%.
How much do I need to earn to buy a home in Sioux Rapids?
To comfortably afford the median home price of $174,508 with a 20% down payment ($34,902) at today's rates (6.8%), you'd need a gross annual income of approximately $46,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Sioux Rapids compare to the national average home price?
The national median home value is approximately $410,000. At $174,508, homes in Sioux Rapids are 57% below the national average.
What metro area is Sioux Rapids part of?
Sioux Rapids is part of the Storm Lake, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.