Storm Lake, IA Home Values & Market Trends
Real estate market trends reflect that there have been 107 transactions over the past year in Storm Lake. The median value for residential home transactions that occurred over the previous year is $196,716. The number of current listings in Storm Lake is 151, and the percentage of properties for sale in the city is 151.00%. Storm Lake, IA currently has 8 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 151 properties for sale.
Storm Lake, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 50588 | $ 196,716 $ 141/sqft |
Housing Market Summary for Storm Lake, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $201.9K | $214.9K | 6.41% |
| Median Sold Price | $161.9K | $179.6K | 10.89% |
| Homes For Sale | 95 | 152 | 60.00% |
| Homes Sold | 6 | 42 | 600.00% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Storm Lake, IA
Browse Homes in Storm Lake, IA
Storm Lake home values range from $19,928 to $1,048,484. The median estimated value of a home in Storm Lake is $196,716. The median list price of a home is 214,900, and the total count of properties in the city is 209.
- Pre-ForeclosurePre-foreclosure homes account for 3.35% of all residential properties in Storm Lake, IA with 50588 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Storm Lake, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $497,000 in 50588 to the lowest home value of $69,900 in 50588.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Storm Lake, IA 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 Storm Lake, IA. There is 1 zips within Storm Lake, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions50588 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Storm Lake, IA. Auction homes and other auction properties account for 0.48% of all properties in Storm Lake, IA. There is 1 zips within Storm Lake, IA; of that zips, the median estimated home value for homes going to auction ranges from $151,723 in 50588 to the lowest value of $151,723 in 50588.
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Guide for Storm Lake, IA
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 […]
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