50588, IA Housing Market
The 50588 housing market is somewhat competitive. The median sale price of a home in 50588 was $178K last month, down 18.7% since last year. The median sale price per square foot in 50588 is $97, down 23.6% since last year.
50588 Housing Market Trends
In May 2025, 50588 home prices were down 18.7% compared to last year, selling for a median price of $178K. On average, homes in 50588 sell after 19 days on the market compared to 9 days last year. There were 17 homes sold in May this year, up from 13 last year.

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How hot is the 50588 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 13 days.
- Hot homescan sell for about 1% below list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 30 days.
- Hot homescan sell for around list price and go pending in around 5 days.
View houses in 50588 that sold recently
Recently sold homes
- $375,000 Last Sold Price3 beds3 baths2,926 sq ft140 Mallard Ave, Storm Lake, IA 50588List Price$379,000Sale to List1% under listDays on Market36 days140 Mallard Ave, Storm Lake, IA 50588
- $355,000 Last Sold Price4 beds3.5 baths2,988 sq ft1519 Shoreway Rd, Storm Lake, IA 50588List Price$355,000Sale to List0% over listDays on Market79 days1519 Shoreway Rd, Storm Lake, IA 50588
- $189,000 Last Sold Price3 beds1.5 baths1,652 sq ft202 E 2nd, Storm Lake, IA 50588List Price$189,000Sale to List0% over listDays on Market49 days202 E 2nd, Storm Lake, IA 50588
- $90,900 Last Sold Price5 beds2 baths1,770 sq ft731 Michigan St, Storm Lake, IA 50588List Price$89,900Sale to List1% over listDays on Market29 days731 Michigan St, Storm Lake, IA 50588
- $162,000 Last Sold Price3 beds2.5 baths1,656 sq ft207 Mae St, Storm Lake, IA 50588List Price$159,000Sale to List2% over listDays on Market60 days207 Mae St, Storm Lake, IA 50588
- $375,000 Last Sold Price3 beds2 baths1,860 sq ft903 Lakeshore Dr, Lakeside, IA 50588List Price$399,500Sale to List6% under listDays on Market113 days903 Lakeshore Dr, Lakeside, IA 50588
- $152,500 Last Sold Price3 beds1.5 baths1,617 sq ft706 Hyland Dr, Storm Lake, IA 50588List Price$155,000Sale to List2% under listDays on Market152 days706 Hyland Dr, Storm Lake, IA 50588
- $186,500 Last Sold Price4 beds1.5 baths1,715 sq ft1005 Oak Ln, Storm Lake, IA 50588List Price$179,000Sale to List4% over listDays on Market26 days1005 Oak Ln, Storm Lake, IA 50588
See all recently sold homes in 50588.
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Schools in 50588
- Elementary
- Middle
- High
GreatSchools Rating
2/10 Storm Lake Middle School Public • 5-8 | 787 Students | 1 reviews |
1/10 Storm Lake Elementary School Public • 1-4 | 814 Students | N/A |
NR Storm Lake Early Elementary School Public • K | 245 Students | N/A |
Climate's impact on 50588 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 50588.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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