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Buying a home in Little Sioux, Iowa

The typical owner-occupied home in Little Sioux is worth about $39,400, 81% below the Iowa median of $208,000 and 88% below the national median of $332,700. Owners pay a median $700 a year in property taxes, about 1.78% of their home's value, higher than the Iowa rate of 1.39%. 90% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.

Little Sioux at a glance

Little Sioux Iowa U.S.
Median home value $39,400 $208,000 $332,700
Median property tax paid per year $700 $2,897 $3,119
Property tax as a share of value 1.78% 1.39% 0.94%
Median household income – $75,059 $80,734
Homes lived in by their owners 90% 72% 65%
Owner homes with a mortgage 31% 59% 61%
Median monthly costs, owners with a mortgage $1,102 $1,533 $1,963
Those costs as a share of the owners' income 51.0% 18.7% 21.0%
Median rent – $972 $1,413
Median year homes were built 1938 1972 1980
Vacant homes 37.8% 8.5% 10.1%
Population 129 3,210,507 334,922,499

What a typical home costs per month in Little Sioux

At this week's average 30-year rate of 7.11%, buying the median Little Sioux home of $39,400 with 20% down costs about $287 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $353, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $12,296 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$7,880
Loan amount$31,520
Principal and interest$212
Property taxes (1.78% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$16
PMI$0
Total per month$287

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3.5% down, 30-year FHA loan
Down payment$1,379
Loan amount$38,686
Principal and interest$260
Property taxes (1.78% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$16
FHA mortgage insurance$17
Total per month$353

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Questions about home buying in Little Sioux

What is the median home value in Little Sioux?

About $39,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Little Sioux?

Homeowners pay a median $700 a year, which is about 1.78% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Little Sioux?

For the median home with 20% down at 7.11%, the payment is about $287 a month. Keeping that under 28% of gross income takes about $12,296 a year.

More about Little Sioux

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data