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How competitive is the Storm Lake housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v264

Data-backed
Sold Score
24/100
YoY Difficult Selling Environment
Pending ratio
0.28
YoY contracts vs active
Inventory YoY
+0.5%
YoY active listings
Median DOM
53
YoY days on market
Price cuts
28.1%
YoY of active listings
Storm Lake is soft for sellers as of May 2026, with a Sold Score of 24/100 (Difficult Selling Environment). **Pending ratio** is 0.28 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +46.2% — more choices for buyers than a year ago. **Median days on market** is 53. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 28.1% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 24/100 (Difficult Selling Environment) · Pending ratio: 0.28 · Inventory YoY: +46.2% · Median days on market: 53 · Sellers cutting price: 28.1% · Median listing price: $219,500 (-5.6% YoY)

Storm Lake snapshot

As of the latest 2026 data
Median listing
$220K
YoY -0.1%
Active inventory
57
YoY +0.5%
Median DOM
53
YoY +0.2%
Pending ratio
0.28
YoY -0.1%
Price-reduced
14.8%
YoY +0.0%

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