How much house does $500,000 buy you in Sioux City?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Sioux City?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Sioux City right now. Listings below $500,000 were included if necessary.

411 West St, Pierson, IA 51048
- Price: $460,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,435
- See 411 West St, Pierson, IA 51048 on Redfin.com

3326 Pierce St, Sioux City, IA 51104
- Price: $435,000
- 6 bedrooms, 4 bathrooms
- Square feet: 3,071
- See 3326 Pierce St, Sioux City, IA 51104 on Redfin.com

86376 590 Ave, Emerson, NE 68733
- Price: $450,000
- 6 bedrooms, 2.5 bathrooms
- Square feet: 2,628
- See 86376 590 Ave, Emerson, NE 68733 on Redfin.com

1407 Megans Way, Correctionville, IA 51016
- Price: $481,950
- 5 bedrooms, 3.3 bathrooms
- Square feet: 3,301
- See 1407 Megans Way, Correctionville, IA 51016 on Redfin.com

102 Levee Trl, North Sioux City, SD 57049
- Price: $435,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,593
- See 102 Levee Trl, North Sioux City, SD 57049 on Redfin.com

4090 Normandy St, Sioux City, IA 51103
- Price: $435,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,212
- See 4090 Normandy St, Sioux City, IA 51103 on Redfin.com

115 W Creek Dr, Lawton, IA 51030
- Price: $419,900
- 5 bedrooms, 2.8 bathrooms
- Square feet: 2,764
- See 115 W Creek Dr, Lawton, IA 51030 on Redfin.com

4266 Fieldcrest Dr, Sioux City, IA 51103
- Price: $425,000
- 5 bedrooms, 2.8 bathrooms
- Square feet: 2,723
- See 4266 Fieldcrest Dr, Sioux City, IA 51103 on Redfin.com

2216 County Road D25, Hornick, IA 51026
- Price: $479,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,130
- See 2216 County Road D25, Hornick, IA 51026 on Redfin.com

3725 Lindenwood St, Sioux City, IA 51104
- Price: $434,950
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,398
- See 3725 Lindenwood St, Sioux City, IA 51104 on Redfin.com

4901 Singing Hills Blvd, Sioux City, IA 51106
- Price: $425,000
- 4 bedrooms, 3.3 bathrooms
- Square feet: 3,228
- See 4901 Singing Hills Blvd, Sioux City, IA 51106 on Redfin.com

405 N Royal Troon Dr, North Sioux City, SD 57049
- Price: $465,000
- 4 bedrooms, 2.8 bathrooms
- Square feet: 3,505
- See 405 N Royal Troon Dr, North Sioux City, SD 57049 on Redfin.com

3819 Crescent Ln, South Sioux City, NE 68776
- Price: $449,000
- 4 bedrooms, 2.8 bathrooms
- Square feet: 3,024
- See 3819 Crescent Ln, South Sioux City, NE 68776 on Redfin.com

3908 Sylvian Ave, Sioux City, IA 51104
- Price: $469,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,584
- See 3908 Sylvian Ave, Sioux City, IA 51104 on Redfin.com

1603 Hiawatha Trl, Sioux City, IA 51104
- Price: $425,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,606
- See 1603 Hiawatha Trl, Sioux City, IA 51104 on Redfin.com

2009 325Th St, Sloan, IA 51055
- Price: $484,000
- 4 bedrooms, 1.8 bathrooms
- Square feet: 2,951
- See 2009 325Th St, Sloan, IA 51055 on Redfin.com

453 S Royal Troon Dr, North Sioux City, SD 57049
- Price: $469,995
- 3 bedrooms, 3.3 bathrooms
- Square feet: 3,720
- See 453 S Royal Troon Dr, North Sioux City, SD 57049 on Redfin.com

324 Regency Ct, South Sioux City, NE 68776
- Price: $500,000
- 3 bedrooms, 3.3 bathrooms
- Square feet: 3,518
- See 324 Regency Ct, South Sioux City, NE 68776 on Redfin.com

4605 Hawthorne Dr, Sioux City, IA 51106
- Price: $475,000
- 3 bedrooms, 2.8 bathrooms
- Square feet: 3,150
- See 4605 Hawthorne Dr, Sioux City, IA 51106 on Redfin.com

4200 Country Club Blvd, Sioux City, IA 51104
- Price: $465,000
- 3 bedrooms, 2.8 bathrooms
- Square feet: 2,379
- See 4200 Country Club Blvd, Sioux City, IA 51104 on Redfin.com

2510 Wilson St, Sioux City, IA 51103
- Price: $475,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,003
- See 2510 Wilson St, Sioux City, IA 51103 on Redfin.com

33044 484Th Ave, Jefferson, SD 57038
- Price: $469,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,710
- See 33044 484Th Ave, Jefferson, SD 57038 on Redfin.com

1713 Old Highway 141, Sergeant Bluff, IA 51054
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,501
- See 1713 Old Highway 141, Sergeant Bluff, IA 51054 on Redfin.com

1107 Morningside Ave, Sioux City, IA 51106
- Price: $500,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 3,495
- See 1107 Morningside Ave, Sioux City, IA 51106 on Redfin.com

1176 Barker Ave, Sioux City, IA 51108
- Price: $500,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 2,569
- See 1176 Barker Ave, Sioux City, IA 51108 on Redfin.com

608 Ash Creek Dr, Beresford, SD 57004
- Price: $489,900
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,892
- See 608 Ash Creek Dr, Beresford, SD 57004 on Redfin.com

3200 Cider Mill Way, South Sioux City, NE
- Price: $434,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,722
- See 3200 Cider Mill Way, South Sioux City, NE on Redfin.com

301 Cedar St, Sloan, IA 51055
- Price: $440,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,708
- See 301 Cedar St, Sloan, IA 51055 on Redfin.com

805 Paige Pl, Moville, IA 51039
- Price: $435,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,668
- See 805 Paige Pl, Moville, IA 51039 on Redfin.com

4564 Badger Ct, Sioux City, IA 51106
- Price: $426,000
- 2 bedrooms, 3 bathrooms
- Square feet: 2,027
- See 4564 Badger Ct, Sioux City, IA 51106 on Redfin.com