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Updated May 2026 · Redfin · 3-month window

50588 Real Estate Market Update: Storm Lake, IA, May 2026

The latest housing-market numbers for ZIP code 50588 in Storm Lake, Iowa, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 50588 · Storm Lake, IA · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$175K• 0.0%▼ -1.7%
Days on market48▼ -10.4%▲ +126.2%
Homes for sale39▲ +18.2%▲ +34.5%
Sale-to-list97.1%▼ -0.6%▲ +2.4%
Homes sold33▲ +22.2%▲ +94.1%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 50588 numbers say

The 50588 ZIP in Storm Lake is cooling. The median sale price sits at $175,000, 1.7% below last year. Pace is steady: a typical listing goes under contract in about 48 days, with sellers getting 97.1% of list price.

Based on 33 recent sales, 50588 is currently an active market.

What this means if you sell in 50588

Use these figures to set expectations early. Lead a listing appointment with the median price and the 48-day pace, show the year-over-year direction, and frame 50588 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 50588 housing market

What is the median home price in ZIP 50588 (Storm Lake, IA)?
As of May 2026, the median sale price in ZIP 50588 is $175,000 (-1.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 50588 a buyer's or seller's market right now?
ZIP 50588 is currently an active market, based on a 97.1% sale-to-list ratio, about 48 days on market for May 2026.
How long do homes take to sell in ZIP 50588?
A typical listing in 50588 goes under contract in about 48 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 50588 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/ia/zip/50588/" rel="dofollow">50588 Storm Lake real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.