51104, Sioux City, IA

The home equity and home prices in the 51104 zip code of Sioux City, IA are very high. The median home value in this zip code is $236,000, which is more than double the national median home value of $116,500. Additionally, the percentage of homes in this zip code that are worth more than $250,000 is significantly higher than the national percentage of homes that are worth more than $250,000. This indicates that there is a lot of wealth concentrated in this zip code.

One reason for the high home values and percentage of homes that are worth more than $250,000 in this zip code is likely due to the strong economy and low unemployment rate in Sioux City. Additionally, there is a lot of investment money flowing into Sioux City due to its strong job market and low interest rates. This has led to an increase in the number of homes being built and sold in this zip code, as well as an increase in the amount that people are able to borrow to buy a home. Consequently, it seems likely that the high home values and percentage of homes that are worth more than $250,000 will continue to be present in this zip code for some time to come.