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Featured local agent — Storm Lake, IA
Sarah Mitchell
Compass Real Estate · Storm Lake, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Storm Lake, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$168,000median sale price
How is the Storm Lake, IA housing market right now?
The median home sale price in Storm Lake, IA is $168,000, down 4.8% year-over-year. Homes sell in an average of 45 days with 34 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Storm Lake a buyer's or seller's market?
Storm Lake, IA is currently a balanced market, based on 3.1 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
45
Average pace
Active listings
34
3.1 months supply
Sale-to-list
94.7%
Below asking
What does the Storm Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $168,000 |
| Median list price | $179,500 |
| Year-over-year price change | -4.8% |
| Average days on market | 45 days |
| Active inventory | 34 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $105/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 17 |
| Listings with a price cut | 38.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Storm Lake by property type?
How the Storm Lake, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $205,250 | $101/sq ft | 8 | 57 days |
| Condo / Co-op | $87,500 | $105/sq ft | 3 | 40 days |
Source: Redfin · Updated monthly
The Storm Lake housing market is currently classified as a balanced market with a median sale price of $168,000. Prices have fallen 4.8% compared to last year, with homes spending an average of 45 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Storm Lake
There are currently 34 homes listed for sale in Storm Lake, Iowa. The median listing price is $180K.
Active listings
34
Homes on market
Median list price
$180K
Avg. days on market
45
Days until sale
New this week
17
Newly listed
Who lives in Storm Lake?
Population
11,275
Median income
$58,341/yr
Median age
31.2 years
Owner-occupied
64.4%
College grads
18.9%
Avg commute
11 min
Source: U.S. Census Bureau ACS
What are homes worth in Storm Lake?
Zillow home value
$181,229
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Storm Lake?
Storm Lake is a community of approximately 11K residents with a median age of 31.2 years.The median household income is $58,341, which represents a working-class community with solid middle-income opportunities. 18.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.4%, showing a blend of owner and renter-occupied properties. The average commute time is 11 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Storm Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Storm Lake?
6 schools tracked · 2,864 students
The largest public schools serving Storm Lake, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Storm Lake Middle School
Grades 5-8 · 843 students
Storm Lake Elementary
Grades 1-4 · 807 students
Storm Lake High School
Grades 9-12 · 805 students
Storm Lake Early Elementary School
Grades K · 247 students
East Early Childhood Ctr
Grades PK · 110 students
St Lake/IA Cntrl/Buena Vista Early College HS
Grades 12 · 52 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Storm Lake, IA?
Want a head-to-head view? Compare Storm Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Storm Lake?
The median home sale price in Storm Lake is $168,000, down 4.8% from last year.
How long do homes stay on market in Storm Lake?
Homes typically spend 45 days on market before going under contract.
What is the median income in Storm Lake?
The median household income is $58,341 per year.
Is Storm Lake a buyer's or seller's market?
With 3.1 months of supply, Storm Lake is currently a balanced market.
What is the Zillow home value estimate for Storm Lake?
The Zillow Home Value Index (ZHVI) for Storm Lake is $181,229, representing the typical home value in the area.
What is the median condo price in Storm Lake?
The median condo/co-op sale price in Storm Lake, IA is $87,500, compared to $205,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Storm Lake?
The median single-family home price in Storm Lake, IA is $205,250 (about $101 per square foot).
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