View in Interactive Map

Story City, IA—50248

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$288,000
5.4% YoY Growth
Household Income
$88,300
19.4% YoY Growth
Days on Market
66
110.0% Longer YoY
Home Price Forecast
0.2%
Median Rent
$1,000
33.5% YoY Growth
1-Bed Rent
$675
4.6% YoY Growth
2-Bed Rent
$870
2.7% YoY Growth
3-Bed Rent
$1,550
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Story City, IA

As of May '26, the median home price in Story City, IA is $288,000, with a year-over-year change of 5.4%. This indicates that home prices in Story City, IA are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$288,0005.4%
Single Family $302,0005.6%
Condos $116,0004.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$179,0004.1%
    3 Bed
    		$275,0004.6%
    4 Bed
    		$368,0006.1%
    5 Bed $450,4057.3%
    Loading chart...

    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    4.5%
    2 Bedrooms
    37.2%
    3 Bedrooms
    32.6%
    4 Bedrooms
    11.6%
    5+ Bedrooms
    13.3%

    Rental Trends — Story City, IA

    As of July '25, Rentcast reports the average rent in Story City, IA is $1,180, with a year-over-year rent change of 33.5%. Per bedroom, the median rent as of July '25 in Story City, IA is 1-bedrooms: $730, 2-bedrooms: $888, 3-bedrooms: $1,610. The most common rental property sizes in Story City, IA are 2-bedroom and 1-bedroom, accounting for 59.6% and 20.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,000$1,180
    Studio Rent N/AN/A
    1 Bed Rent $675$730
    2 Bed Rent $870$888
    3 Bed Rent $1,550$1,610
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    3.6%
    1 Bedroom
    20.9%
    2 Bedrooms
    59.6%
    3 Bedrooms
    10.6%
    4 Bedrooms
    5.3%

    Property Listings — Story City, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Story City, IA is 66. This is a increase of 110.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$325,0000.0%
    Listing Count
    		190.0%
    Listings as % of Homes0.9%0.0%
    Days on Market
    		66110.0%
    Loading chart...

    Demographics — Story City, IA

    As of the latest ACS Survey released in 2023, Story City, IA has a population of 4,300, which has remained stable by -0.5% over the past 5 years. Story City, IA is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,300-0.5%
    % Under 18
    		24.7%5.1%
    % Seniors
    		23.1%6.9%
    % WFH
    		8.2%17.1%
    % w/ College Degree
    		39.6%12.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Story City, IA is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Story City, IA is hispanic, making up 4.7% of the population. Foreign-born residents account for 2.9% of the population in Story City, IA, and this percentage has decreased by 3.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		93.7%1.6%
    % Black
    		0.6%∞%
    % Hispanic
    		4.7%261.5%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		2.9%-3.3%
    Loading chart...

    Mortgage and Risk — Story City, IA

    According to HUD data as of 2023, there were 150 mortgage originations in Story City, IA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Story City, IA. Investor activity is low, as 13.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		150
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		13.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		9.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Story City, IA

    Story City, IA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		57
    Total Units Section 8
    		57
    % Rentals under Section 8
    		14.2%
    % Occupied Section 8
    		92.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$165$675$840
    2 Bedroom$70$870$940
    3 Bedroom-$230$1,550$1,320
    4 BedroomN/AN/A$1,580

    Affordability — Story City, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$288,000
    Median Household Income$88,300

    Story City, IA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Gilbert, IA

    50105

    Roland, IA

    50236

    Ames, IA

    50010

    Ames, IA

    50014

    Ames

    50012

    Frequently Asked Questions