50588 Home Values & Market Trends

There are 157 homes currently listed for 50588. 50588 real estate market trends show that home prices range from $109,000 to $1,097,000, and the median sales price in the 50588 zip code is $196,716. The total number of properties sold within the past twelve months is 110. In 50588, 8 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

50588 Real Estate Market Overview

CityMedian Est. Value
Storm Lake

$ 196,716

$ 141/sqft

Housing Market Summary for 50588

Sep 2025September 2026Change
Median Listing Price$201.9K$214.9K6.41%
Median Sold Price$161.9K$180K11.18%
Homes For Sale9715761.86%
Homes Sold644633.33%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 50588

The median list price of a home in Storm Lake, is $196,716. A total of 157 properties are for sale, and the percentage of properties for sale in the zip code is 157.00%. The total count of 50588 properties is 217.

Foreclosure
There is 1 cities within 50588; within this cities, the median estimated home value for homes in foreclosure ranges from $497,000 in storm lake to the lowest value of $69,900 in storm lake. Foreclosure homes account for 3.00% of properties in 50588 with storm lake containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.23% of all residential properties in 50588 with storm lake containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 50588; of that cities, the estimated home value for pre-foreclosure homes ranges from $497,000 in storm lake to the lowest home value of $69,900 in storm lake.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 50588 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 50588. There is 1 cities within 50588; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    storm lake has 1 auction properties, the highest number of properties going to auction in a single city in the state of 50588. Auction homes and other auction properties account for 0.46% of all properties in 50588. There is 1 cities within 50588; of that cities, the median estimated home value for homes going to auction ranges from $151,723 in storm lake to the lowest value of $151,723 in storm lake.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.35% of residential properties in 50588 with storm lake containing 151 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 50588; homes for sale in that cities, have a range of median values from $1,048,484 in storm lake to the lowest value of $69,900 in storm lake.
    Sold Homes
    The median value for recently sold homes ranges from $528,877 in storm lake to the lowest price of $19,928 in storm lake. There is 1 cities within 50588. storm lake has 42 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.28% of properties in 50588.

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      Guide for 50588

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.