Is Story City, IA 50248 a buyer’s or seller’s market?

The Story City housing market right now

In the three months ending August 31, 2026, 18% of homes in Story City, IA 50248 sold above their list price, the typical home went under contract in 43 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (22 days then) and the median sale price rose 1% to $238,897. Overall, Story City is less competitive than a year ago, which gives buyers more room.

Within Story County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Story City ranks #116 of 156 IA ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Zearing 50278 (0% sold over asking) or Mc Callsburg 50154 (0% sold over asking), while Colo 50056 (50% sold over asking) and Cambridge 50046 (33% sold over asking) are even more competitive.