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STORM LAKE, IA 50588

Real Estate Market Report  ·  Buena Vista County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The STORM LAKE, IA real estate market (50588) currently shows 40 active listings, with 7 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 61 days last year.

The median listing price has risen 9.9% year-over-year, from $240,000 to $263,725.

Whether you are buying or selling in STORM LAKE, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 13,263  ·  Density: 36.9/mi²  ·  Median household income: $56,608

Typical home value: $165,746  ·  Homeownership: 63.0%

Market Overview

Active Listings
40
⇧ 122.2% vs 18 last year
Pending
7
18% pending ratio
Median Price
$263,725
⇧ 9.9% vs $240,000 last year
Average Price
$302,723
⇧ 10% vs $275,203 last year
Days on Market
56
⇩ 8.2% vs 61 days last year

Price Per Square Foot

Median $/sqft
$131
⇩ 5.8% vs $139/sqft last year
Median Home Size
1,838 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 18 last year
  • Days on market: 56 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $263,725 (+9.9% YoY)
  • Average: $302,723 (+10% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 90 listings ($21,893,175 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50588Storm Lake, IA 505880.0 mi38$11,948,454$276,000$314,433
51002Alta, IA 510028.3 mi5$1,109,750$222,400$221,950
50510Albert City, IA 5051011.7 mi2$134,890$67,445$67,445
50593Varina, IA 5059313.5 mi1$319,900$319,900$319,900
51020Galva, IA 5102016.2 mi1$85,000$85,000$85,000
50540Fonda, IA 5054016.9 mi3$448,500$149,500$149,500
50583Sac City, IA 5058318.1 mi13$3,235,700$221,475$248,900
50554Laurens, IA 5055420.9 mi8$1,139,888$129,000$142,486
51047Peterson, IA 5104721.5 mi2$133,000$66,500$66,500
51025Holstein, IA 5102523.0 mi9$1,747,926$154,250$194,214
51431Arthur, IA 5143123.7 mi1$229,000$229,000$229,000
51049Quimby, IA 5104924.5 mi3$362,499$59,000$120,833
51450Lake View, IA 5145024.9 mi4$998,668$229,000$249,667

Frequently Asked Questions

How many homes are for sale in STORM LAKE, IA 50588?

As of March 2026, there are 40 active listings in STORM LAKE, IA (zip code 50588), compared to 18 the prior year.

What is the median home price in STORM LAKE, IA 50588?

The median listing price in STORM LAKE, IA 50588 is $263,725 as of March 2026, a 9.9% increase from $240,000 the prior year.

How long do homes stay on the market in STORM LAKE, IA?

Homes in STORM LAKE, IA 50588 spend an average of 56 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in STORM LAKE, IA 50588?

Based on current inventory and days-on-market data as of March 2026, STORM LAKE, IA 50588 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 61 days last year.

How much can I save on real estate commission in STORM LAKE, IA?

With SELL123.com's maximum 3% commission, sellers in STORM LAKE, IA 50588 save an estimated $5,275 compared to a typical 5% commission on the median listing price of $263,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.