Market Intelligence Report — IA-740

Storm Lake, IA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IA-07
As of the latest 2026 data
Cooling

Median Listing

$211K
-15.7% YoY

Pending Ratio

0.27
-9.3% YoY

Active Inventory

57
+18.8% YoY

Median DOM

63 Days
+22.8% YoY

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The Storm Lake market is characterized by a pending ratio of 0.27, indicating demand absorption is notably below available supply. This condition, combined with an active listing count increase of 18.8% over the past year, suggests a softening environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Storm Lake market right now.

Median listing price has declined 15.7% year-over-year, settling at $210,500, with a modest 0.3% month-over-month contraction. New listings have decreased 33.3% over the past year, yet the overall active listings have expanded by 18.8%. Properties are taking longer to sell, with median days on market rising 22.8% over the past year to 63 days, and the share of listings with price reductions stands at 20.7%.

Historical Analysis

Market Trends

Median Price

$211K-0.3% MoM

Active Inventory

57+18.8% YoY

Days on Market

63+22.8% YoY

Sold Score™

30-9.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

30
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.27, demand absorption is significantly lagging inventory, allowing for greater negotiation leverage for those with purchase intent. The increasing days on market and the rising inventory levels place pressure on price discipline, favoring a more deliberate pace for transactions.

Luxury Segment

Average listing prices have declined 12.9% over the past year, aligning with a 12.6% year-over-year decrease in median price per square foot. The elevated average-versus-median spread suggests some softness at the higher price tiers within the local market segment.

Supply Dynamics

57 active listings represent the current floor, with new supply arriving at roughly 8 per month.

Pricing Pressure
20.7%

of active listings carry a price reduction, -4.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -12.6% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Storm Lake, IA? Homes here are taking 12 days longer to sell than last year.

Buyers have leverage in Storm Lake, IA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
27%
Median Days on Market
63 days
Inventory YoY
+19%

In a buyer's market, strategy beats timing. See how your home scores in Storm Lake, IA and what moves the number.

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Metro Demographics

Metro Area
Storm Lake, IA
CBSA Code
44740
State
IA