Gilman Terrace, Sioux City, IA
Gilman Terrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gilman Terrace, Sioux City, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Gilman Terrace Neighborhood Overview
Gilman Terrace is a residential neighborhood located in the 51101 ZIP code of Sioux City, Iowa. Situated near the geographic coordinates 42.4972, -96.4029, it offers a quiet, established community atmosphere. The area provides residents with a classic Midwestern neighborhood feel.
Lifestyle & Amenities
Residents enjoy a primarily residential lifestyle with convenient access to the broader amenities of Sioux City. The neighborhood's location allows for relatively easy trips to shopping, dining, and services. Local parks and green spaces provide opportunities for outdoor recreation and community gatherings.
Real Estate Market
The real estate in Gilman Terrace consists largely of single-family homes. According to U.S. Census data, the median home value in the area is $219,600. This figure suggests a market with accessible entry points for homeownership compared to national averages.
Schools & Education
Families in Gilman Terrace are served by the Sioux City Community School District. The specific schools serving the neighborhood can vary, so prospective residents should verify current district boundaries. The district provides a range of educational programs from elementary through high school.
Transportation & Connectivity
The neighborhood is connected via a network of local streets that provide efficient access to major Sioux City thoroughfares. Residents primarily rely on personal vehicles for daily commuting and errands. Public transit options are available through the city's bus system for connectivity to downtown and other areas.
Why Choose Gilman Terrace
Gilman Terrace appeals to homebuyers seeking an affordable, stable neighborhood with a strong sense of community. The median home value represents a significant investment opportunity in the Sioux City market. It is an ideal choice for those who value a quiet residential setting while remaining close to urban conveniences.
Gilman Terrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $220K |
| Median Gross Rent | $544/mo |
| Median Household Income | $17K |
| Homeownership Rate | 10.7% |
| Renter-Occupied | 89.3% |
| Rental Vacancy Rate | 5.6% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 51101 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 87,047 |
| VA Loan Originations | 3,592 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $245K |
| Conventional Loan Originations | 77,690 |
| FHA Loan Originations | 5,765 |
Top Real Estate Agents in Gilman Terrace, Sioux City
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gilman Terrace, Sioux City, IA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Iowa Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12