Commercial Real Estate Market in North Sioux City, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
34 active listings and 311 off-market properties in North Sioux City, SD. Commercial property asks $390/SF to buy and $20.00/SF/Yr to lease.
Market Trends
North Sioux City, SD spans 14.2 square miles in Union County, South Dakota. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in North Sioux City, SD runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in North Sioux City, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in North Sioux City, SD runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in North Sioux City, SD runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
North Sioux City, SD has 7,725 residents in 3,386 households. Density runs 545 people per square mile. Median household income here is $93,239 and median gross rent $1,160 a month.
7,725
Population
3,386
Households
2.3
Avg Household Size
41
Median Age
45%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
545
Density / Sq Mi
$93,239
Median Household Income
$49,120
Median Earnings
$1,160
Median Rent
$406,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| McCook Lake | — | — |
| Sioux City | — | $13.04 |
| South Sioux City | — | — |
Commercial property in North Sioux City, SD asks $390/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Sioux City?
Commercial property in North Sioux City, SD asks an average of $390 per square foot. The 5 most recent recorded sales traded at a median of $183/SF, so asking sits 113% above the achieved median.
How much does it cost to lease commercial space in North Sioux City?
Asking lease rates in North Sioux City, SD average $20.00 per square foot per year.
Where does Realmo's North Sioux City market data come from?
Realmo compiles North Sioux City, SD figures from 7 recent recorded sales, 29 active sale listings, 5 active lease listings, 311 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 5 active for-lease listings in North Sioux City, SD. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
