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STORM LAKE, IA 50588

Real Estate Market Report  ·  Buena Vista County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
37
⇧ 76.2% vs 21 last year
Pending
8
22% pending ratio
Median Price
$242,000
⇧ 2.5% vs $236,000 last year
Average Price
$281,714
⇧ 11.2% vs $253,293 last year
Days on Market
79
⇧ 49.1% vs 53 days last year

Market Context

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

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

Market Analysis

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

The STORM LAKE, IA real estate market (50588) currently shows 37 active listings, with 8 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 79 days on market compared to 53 days last year.

The median listing price has risen 2.5% year-over-year, from $236,000 to $242,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 21 last year
  • Days on market: 79 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $242,000 (+2.5% YoY)
  • Average: $281,714 (+11.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.9 miles — 103 listings ($22,593,854 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50588Storm Lake, IA 505880.0 mi37$10,423,418$242,000$281,714
51002Alta, IA 510028.3 mi2$443,000$221,500$221,500
50510Albert City, IA 5051011.7 mi2$134,890$67,445$67,445
50593Varina, IA 5059313.5 mi1$319,900$319,900$319,900
50565Marathon, IA 5056516.4 mi3$1,057,350$352,450$352,450
50585Sioux Rapids, IA 5058517.6 mi6$1,082,502$186,500$180,417
51033Linn Grove, IA 5103318.4 mi2$83,000$41,500$41,500
51012Cherokee, IA 5101221.1 mi28$4,956,728$174,000$177,026
51366Webb, IA 5136622.3 mi1$189,000$189,000$189,000
51458Odebolt, IA 5145823.5 mi7$864,703$122,000$123,529
50574Pocahontas, IA 5057423.9 mi11$2,590,863$180,000$235,533
50575Pomeroy, IA 5057524.6 mi2$180,000$90,000$90,000
51037Meriden, IA 5103726.9 mi1$268,500$268,500$268,500

Frequently Asked Questions

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

As of January 2026, there are 37 active listings in STORM LAKE, IA (zip code 50588), compared to 21 the prior year.

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

The median listing price in STORM LAKE, IA 50588 is $242,000 as of January 2026, a 2.5% increase from $236,000 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 79 days on the market before going under contract, compared to 53 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 January 2026, STORM LAKE, IA 50588 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 53 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 $4,840 compared to a typical 5% commission on the median listing price of $242,000. 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.