Storm Lake, IA is a great place to live with its housing values staying close to the US median value. Despite the US 1 year house appreciation rate of 8.27%, the appreciation rate in Storm Lake was even higher at 9.93%. This means that there are great opportunities for homeowners and real estate investors alike in Storm Lake with a median housing value of $150,000! With this combination of low prices and high appreciation rates, it’s easy to see why many people are flocking to Storm Lake for their housing needs.
The median home cost in Storm Lake is $150,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Storm Lake is up 14.4%.
Average Age of Homes
- The median age of Storm Lake real estate is 50 years old
The Rental Market in Storm Lake
- Renters make up 37.3% of the Storm Lake population
- 3.8% of houses and apartments in Storm Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.