Why Live in Storm Lake
Storm Lake, located in central Iowa, is a small city with a population of just over 11,000 residents, known for its lakeside living and growing diversity. The city’s namesake lake spans 3,000 acres and is popular for walleye fishing, with Awaysis Park offering the largest beach, canoe and kayak rentals, and a scenic lighthouse. Sunset Park provides additional swimming and walking trails. The housing market features custom builds and contemporary homes with private docks along Lakeshore Drive and Lake Avenue, while bungalows, Nationals, and ranch-style homes are found throughout the city. Downtown Storm Lake, centered around Lake Avenue, boasts a variety of local restaurants serving American, Mexican, Vietnamese, and Thai cuisines, as well as specialty markets like May Flower Asian Grocery and Storm Lake African Grocery Store. The city’s crime rate has decreased by 4% from 2023 to 2024, making it safer than the national average. Storm Lake Community School District is recognized for its diversity, and Buena Vista University, with its 60-acre campus, is expanding its Lamberti Center for Rural Entrepreneurship. Annual events such as the Star Spangled Spectacular and the Hy-Noon Kiwanis Escape to the Lake Kar Show highlight the community’s vibrant culture. While the city lacks public transportation, major roads like Lake Avenue and Milwaukee Avenue facilitate easy navigation. Sioux City, the nearest large city, is 69 miles west and has a regional airport.
Home Trends in Storm Lake, IA
On average, homes in Storm Lake, IA sell after 52 days on the market compared to the national average of 50 days. The median sale price for homes in Storm Lake, IA over the last 12 months is $187,500, down 17% from the median home sale price over the previous 12 months.
Median Sale Price
$187,500
Median Single Family Sale Price
$187,500
Median 2 Bedroom Sale Price
$229,000
Median 1 Bedroom Sale Price
$235,900
Average Price Per Sq Ft
$141
Number of Homes for Sale
31
Last 12 months Home Sales
105
Median List Price
$235,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-17%