Zip 50588 (Storm Lake, IA) Housing

Storm Lake, IA (50588) has a housing median value of $175,700 which is significantly lower than the US house median value of $338,100. However, Storm Lake has seen a higher house appreciation rate in the last year with an increase of 9.93%, compared to the US Appreciation rate of 8.27%. This indicates that homes in Storm Lake are gaining value at a faster rate than other areas in the US.

The median home cost in Storm Lake (zip 50588) is $175,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Storm Lake (zip 50588) is up 14.4%.

Average Age of Homes

- The median age of Storm Lake (zip 50588) real estate is 49 years old

The Rental Market in Storm Lake (zip 50588)

- Renters make up 33.3% of the Storm Lake (zip 50588) population
- 3.4% of houses and apartments in Storm Lake (zip 50588), 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
	4,941.0	139,647,020.0
	54	42
	$175,700	$338,100
	14.4%	16.6%
	37.6%	57.0%
	64.5%	101.1%
	$14.11	$10.98
	$2,141	$2,690
	57.7%	57.4%
	6.3%	11.2%
	36.0%	31.4%
Vacant Housing
	3.4%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.0%	2.4%
	8.7%	2.8%
	2.1%	3.9%
	15.1%	4.5%
	22.3%	11.3%
	26.6%	13.0%
	10.1%	20.1%
	6.0%	13.6%
	3.5%	8.3%
	3.8%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	6.7%	13.6%
	11.6%	13.2%
	17.8%	14.8%
	6.7%	13.6%
	13.6%	10.0%
	4.2%	4.7%
	23.0%	12.2%

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