| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $234,000 | -6.0% YoY |
| Median price per sq ft | $137 | 1,714 sq ft median |
| Median days on market | 62 | -27% YoY |
| Active listings | 61 | +29% YoY |
| New listings this month | 18 | September 2026 |
| Listings with a price cut | 10% | Share of active |
| Median sale price (closed) | $182,500 | -12.9% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 98.1% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 28.1% | 17 pending |
| Inventory vs 2019 | 210% | Active listings vs same month in 2019 |
Metropolitan market · Iowa · September 2026 data
What is the Storm Lake, IA real estate market doing?
As of September 2026, the median home listed in Storm Lake, IA asks $234,000, down 6.0% year over year. Homes spend a median of 62 days on market, with 61 active listings and 10% carrying a price cut; pending contracts equal 28% of active listings, and inventory sits at 210% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$234,000
▼ 6.0% YoY
Median $ / sq ft
$137
1,714 sq ft median
Median days on market
62
September 2026
Active listings
61
For sale now
New listings
18
September 2026
Listings with price cuts
10%
Share of active
Inventory vs 2019
210%
Same month, 2019 = 100
Pending / active
28%
Contract activity
Median sale price (closed)
$182,500
▼ 12.9% YoY · closed sales · July 2026
Sale-to-list ratio
98.1%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
24
Closed sales · July 2026, seasonally adjusted
What is the Storm Lake, IA housing market doing right now?
The Storm Lake, IA housing market lists at a $234,000 median as of September 2026, down 6.0% year over year, with a 62-day median market time and 61 homes for sale (10% with a price cut). Active inventory is 210% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.
Storm Lake housing market statistics
The table summarizes Storm Lake's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Storm Lake.
How have home prices changed in Storm Lake?
Storm Lake home prices are down 6.0% year over year and +3.6% month over month as of September 2026, at a $234,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Storm Lake IA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Storm Lake IA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Storm Lake?
Storm Lake has 61 active listings, 18 new this month, 17 pending as of September 2026. About 10% of active listings have cut their price, and inventory sits at 210% of its 2019 level — a balanced market by pace.
Is Storm Lake a good real estate investment?
Storm Lake scores 53/100 on WealthyBud's composite Investor Score, ranking #387 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
53/100
#387 of 933 covered metros
Storm Lake scores 53/100 on our composite Investor Score (#387 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 210% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 6.0% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Storm Lake ranks on the trending markets index.
How much is a monthly mortgage payment in Storm Lake?
A home at Storm Lake's $234,000 median listing runs about $1,281 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$1,156/mo
−$125/mo vs today
At today's rate · 7.28%
$1,281/mo
National weekly average
If rates rise 1% · 8.28%
$1,410/mo
+$129/mo vs today
Principal & interest on the $234,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Storm Lake?
To buy Storm Lake’s $234,000 median listing with 20% down, a household needs about $65,000 a year in gross income, keeping principal, interest and property tax ($1,523/mo) at 28% of income. The area’s median household income is $66,564, so the median listing is within reach of a typical Storm Lake household on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $234,000 | September 2026 |
| Down payment (20%) | $46,800 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,281/mo | Rate as of 2026-10-01 |
| Property tax (1.24% effective rate) | $242/mo | Census ACS |
| Income needed (28% rule) | $65,000 | Gross household income / yr |
| Median household income | $66,564 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Storm Lake housing market?
Longer-run demand in Storm Lake shows up in 15 homes permitted in 2025; net migration of -205 residents. Natural-hazard risk rates Very Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
15
▼ 90.9% vs 2024
0.7 per 1,000 residents
Net migration (2022–2023)
-205
▼ people, via tax-return records
net income flow −$7.27M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
Client-ready report
Open report gallery
Send a branded Storm Lake market report to your clients.
Find the best in Storm Lake
Directory
Top agents in Storm Lake
The producers moving the most volume in Storm Lake.
View DirectoryTop teams
The groups setting production records nationwide.
View LicensingGet licensed in Iowa
Hours, exam and the commission that regulates Iowa agents.
Read IncomeAgent salary in Iowa
What real estate agents actually earn across Iowa.
ReadStorm Lake housing market FAQ
What is the median home price in Storm Lake?
As of September 2026, the median listing price in Storm Lake, IA is $234,000, down 6.0% year over year (source: public records and industry data). Figures cover the Storm Lake, IA metro area.
How much does it cost to buy a home in Storm Lake?
The median home listed in Storm Lake asks $234,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,281 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Storm Lake?
The median property in Storm Lake spends 62 days on the market, with 61 homes actively listed and 10% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Storm Lake?
With a median 62 days on market and 10% of active listings carrying a price cut, pending contracts at 28% of active listings, Storm Lake reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Storm Lake a good place to invest in real estate?
Storm Lake scores 53/100 on WealthyBud's Investor Score, ranking #387 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Storm Lake?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Storm Lake and the wider Iowa market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Storm Lake, IA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
Nearby & similar