The House Price Index (HPI) shows changes in Sioux City, IA-NE-SD single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics
and appreciation rates are provided below.
Sioux City Real Estate Market - Home Price Forecast
Sioux City, IA - House Price Index (HPI)
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Sioux City Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  1286.56
1st Quarter, 2018 Housing Statistics: Sioux City, Iowa


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      93%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Sioux City housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Sioux City is 93%. In other words, when tested against historical
data, the forecasting methodology was correct 93% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Sioux City is 93% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 1st Quarter of 2019 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Sioux City
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      95%

The forecast for the trend in the Sioux City housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Sioux City is 95%. In other words, when tested against historical
data, the forecasting methodology was correct 95% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Sioux City is 95% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 1st Quarter of 2021 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Sioux City
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Sioux City, Iowa


Historical Home Price Appreciation
Last Quarter                         -0.73%
Last Year                              0.5%
Last 5 Years                         20%
Last 10 Years                       27%
Last 20 Years                       64%
Decline From All Time High   0.92%


Annual Home Price Appreciation Rates
1988        n/a
1989      7.32%
1990      -1.10%
1991      9.97%
1992      4.12%
1993      7.84%
1994      5.56%
1995      7.91%
1996      4.63%
1997      5.83%
1998      3.55%
1999      1.97%
2000      1.78%
2001      4.43%
2002      2.22%
2003      3.23%
2004      1.46%
2005      3.80%
2006      0.08%
2007      4.58%
2008      0.61%
2009      0.81%
2010      2.64%
2011      -1.02%
2012      2.16%
2013      3.74%
2014      3.33%
2015      4.15%
2016      5.94%
2017      3.39%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.73%        Rank: 322 of 381 (15th Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.5%           Rank: 360 of 381 (5th Percentile)
Last 5 Years                              20%            Rank: 192 of 381 (49th Percentile)
Last 10 Years  . . . . . . . . . . . .   27%            Rank: 37 of 381 (90th Percentile)
Last 20 Years                            64%            Rank: 256 of 379 (32nd Percentile)
Decline From All Time High        0.92%

The change in home prices for Sioux City, IA-NE-SD are shown above for five
time periods. For example: Sioux City appreciated -0.73% in the Last Quarter.
At that rate, the Sioux City Real Estate Market was ranked 322nd out of 381
metropolitan Real Estate Markets. Sioux City was in the 15th percentile. So
Sioux City, IA performed better in the Last Quarter than 15% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Sioux City, Iowa

The all time high in the Sioux City Home Price Index was 194.9 in the 3rd
Quarter, of 2017. The 1st Quarter, 2018 index value was 193.1. That's a
decline of 1.80 points or 0.92% below the Sioux City Home Price Index all time
high.  The Home Price Index indicates that the Sioux City Market is up 27% over
the last 10 years. Home prices in the Sioux City Real Estate Market have gained
0.48% over the last 12 months.

The 1st Quarter index value was 1.42 points lower than the 4th Quarter, 2017
index value of 194.48, resulting in a 0.73% decline for the 1st Quarter in the
Sioux City Market.

The Sioux City Home Price Index has declined for the last 2 consecutive
quarters. That makes Sioux City the current record holder for consecutive
quarterly declines in the Home Price Index (along with Tallahassee, FL;
Syracuse, NY; Shreveport, LA and Peoria, IL; which also had 2 consecutive
quarterly declines). The current record holders for consecutive increases in the
Home Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with
increases in the last 27 consecutive quarters.

The highest annual change in the value of houses in the Sioux City Real Estate
Market was 13% in the twelve months ended with the 1st Quarter of 1990. The
worst annual change in home values  in the Sioux City Market was -2% in the
twelve months ended with the 2nd Quarter of 2011.

The highest growth in home values in the Sioux City Real Estate Market over a
three year period was 26% in the three years ended with the 3rd Quarter of
1994. The worst performance over a three year period in the Sioux City Market
was 0% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Sioux City Home Price Index
(above). For information about Iowa home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Sioux City Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Sioux City Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Sioux City Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
1st Quarter, 2018 Housing Data: Sioux City, Iowa

The trend of Sioux City Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period.

Last Quarter:
During the 1st Quarter of 2018, Sioux City Home Prices had a rank of 322, with
appreciation of -0.73%. The top performing real estate market during the 1st
Quarter was Goldsboro, NC, with a rise of 9.78%. The worst market during that
period was Cumberland, MD, with appreciation of -9.30%.
The median for all cities during the 1st Quarter was 1.15%. The average for all
markets during the quarter was 0.97%.

Last Year:
During the last 12 months, Sioux City Home Prices had a rank of 360, with
appreciation during the year of 0.48%. The top performing market during the
last year was Boise City, ID, with an increase of 15.3%. The worst real estate
market during that period was Farmington, NM, with appreciation of -6.0%.
The median for all markets during this period was 5.97%. The average was
5.82%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2018, Sioux City Home Prices
ranked 192, with a total appreciation of 20.0%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 90%.
The worst market during that period was Farmington, NM, with appreciation of
-4%.
The median for all cities during this time period was 20%. The average over the
5 years was 26%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2018, Sioux City Home Prices
had a rank of 37, with appreciation during the decade of 27%. The top
performing market during the period was Denver, CO, with a rise of 69%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -26%.
The median for all markets during the last 10 years was 8%. The average for
the cities over that time frame was 9%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2018, Sioux City Home Prices
had a rank of 256, with total growth over the 20 year period of 64%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 282%. The worst market during the last 20 years was Rockford, IL,
with appreciation of 18%.
The median for all cities during the last 20 years was 79%. The average for the
markets over that time frame was 88%.

Historical research data on the Home Price Index for the Sioux City Real Estate
Market is available back to the 4th Quarter, of 1989. All calculations are based
on the quarterly value of the House Price Index for Sioux City. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Wednesday, July 25, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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