Storm Lake Metro Area, IA Housing

The housing market in the Storm Lake, IA Metro Area is thriving. The median value of homes in this area is $161,600, which is significantly lower than the national median value of $338,100. Additionally, the one-year home appreciation rate for Storm Lake is 10.71%, well above the national average of 8.27%. This indicates that housing values in this area are on a steady rise and may be a great investment opportunity for future homeowners.

The median home cost in Storm Lake Metro Area is $161,600. Home appreciation the last 10 years has been 65.6%. Home Appreciation in Storm Lake Metro Area is up 14.1%.

Average Age of Homes

- The median age of Storm Lake Metro Area real estate is 54 years old

The Rental Market in Storm Lake Metro Area

- Renters make up 27.7% of the Storm Lake Metro Area population
- 3.5% of houses and apartments in Storm Lake Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Storm Lake, Iowa	United States
	8,173.0	139,647,020.0
	60	42
	$161,600	$338,100
	14.1%	16.6%
	38.4%	57.0%
	65.6%	101.1%
	$12.74	$10.98
	$1,609	$2,690
	63.1%	57.4%
	8.2%	11.2%
	28.8%	31.4%
Vacant Housing
	3.5%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.1%	0.4%
	1.1%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	2.5%	2.4%
	10.1%	2.8%
	6.7%	3.9%
	14.0%	4.5%
	21.3%	11.3%
	20.0%	13.0%
	10.1%	20.1%
	4.5%	13.6%
	2.5%	8.3%
	3.1%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	6.5%	13.6%
	8.7%	13.2%
	16.1%	14.8%
	6.5%	13.6%
	13.4%	10.0%
	5.2%	4.7%
	30.0%	12.2%

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