Storm Lake, IA
Housing market overview · Updated weekly
$149,900median sale price
Homes sold
5
Last 12 weeks
Days on market
55
Average pace
Active listings
27
5.4 months supply
Sale-to-list
96.3%
Below asking
The Storm Lake housing market is currently classified as a buyer's market with a median sale price of $149,900. Prices have fallen 24.1% compared to last year, with homes spending an average of 55 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Storm Lake
There are currently 27 homes listed for sale in Storm Lake, Iowa. The median listing price is $209K.
Active listings
27
Homes on market
Median list price
$209K
Avg. days on market
55
Days until sale
New this week
11
Newly listed
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Frequently asked questions
What is the average home price in Storm Lake?
The median home sale price in Storm Lake is $149,900, down 24.1% from last year.
How long do homes stay on market in Storm Lake?
Homes typically spend 55 days on market before going under contract.
Is Storm Lake a buyer's or seller's market?
With 5.4 months of supply, Storm Lake is currently a buyer's market.
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