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Storm Lake Public Library (NRHP 83000346) 20120930 IMG 8844Photo: Scott A. Miller · CC BY-SA 3.0
Housing in Storm Lake

114 homes sold in Storm Lake in the last year, at a typical $192K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Storm Lake homes are listed.

Homes sold
114
October 2025 to September 2026
Typical sale price
$192K
houses $196K · condos $133K (year to May 2026)
Price per square foot
$115
Iowa $159
Paid vs. asking
96.8%
11% sold over asking
For sale now
35
September 2026 · 9 sold that month
What sold · last 12 months

13% of Storm Lake’s sales are condos, at $63K less than a house

84 houses and 13 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$196K

typical sale · 84 sold in the year to May 2026

Per square foot
$112IA $158
Days to sell
26
Sold over asking
20%
Listings with a price cut
27%
Condos$133K

typical sale · 13 sold in the year to May 2026

Per square foot
$127IA $165
Days to sell
78
Sold over asking
8%
Listings with a price cut
21%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $127K

Too few sales in 12 months for reliable figures.

8 years of sales

More homes sell than most years, at 1.4 times the 2018 price

114 sales in the last year, against 96 in 2024 and a low of 46 in 2018. The typical sale went from $135K in 2018 to $192K.

Homes soldTypical sale price
03775112150$150K$200K$250K$300K2018: 46 sold, typical $135K’182019: 62 sold, typical $126K2020: 50 sold, typical $140K’202021: 69 sold, typical $181K2022: 78 sold, typical $200K’222023: 82 sold, typical $189K2024: 96 sold, typical $204K’242025: 90 sold, typical $193KLast 12 months: 114 sold, typical $192KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $200K buys in Storm Lake

Houseat $112 a sq ft, year to May 2026
Condoat $127 a sq ft, year to May 2026
The same money in Iowaat $158 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Storm Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Storm Lake home costs about $1,232 a month

Mortgage
Property tax
Insurance
Rent

Price: Storm Lake’s typical sale, last 12 months. Property tax at Storm Lake’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Storm Lake is affordable on local pay is on Cost of living.

Before you buy in Storm Lake

Five things worth knowing

1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $192K home, about $2,760 a year.

Taxes vs. neighbors
D−

Schools

The schools grade for Storm Lake, from test results, graduation and how much students grow.

Schools in Storm Lake
10 min

Typical commute

The average one-way trip to work for people who live in Storm Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Alta and Cherokee sell for less a square foot

The busier markets within 25 miles of Storm Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Storm Lake114$192K$11511%41
Cherokee58$144K$8810%52
Alta21$174K$11112%23

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Storm Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Storm Lake. People who follow the town see it, and so do people comparing Storm Lake with their own town. No commission, no listing fee.

Questions about buying a home in Storm Lake

What do homes sell for in Storm Lake, IA?

114 homes sold in the year to September 2026 at a typical $192K, $115 a square foot. Houses sold for about $196K, condos for about $133K in the year to May 2026.

Is Storm Lake a buyer’s or seller’s market?

A seller’s market: 35 homes were for sale in September 2026 and 9 sold, about 3.8 months of supply. Buyers paid 96.8% of asking on average.

How much are property taxes in Storm Lake?

About 1.4% of a home’s value a year. On a $192K home that’s near $2,760.

Where can I see homes for sale in Storm Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Storm Lake’s MLS listings; the search links above open each one filtered to Storm Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).