Market Overview
Home Prices in Story City, IA
The median home value in Story City, IA is $287,863 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Story City are priced30% below average. Story City is part of the Ames, IA metro area.
Over the past five years, Story City home values have risen by approximately29.6%, reflecting strong long-term appreciation in this market.
Price History
Story City Home Price Trend
City Comparison
Story City vs. National Median
At $287,863, homes in Story City cost 30% below the national median of $410,000. This makes Story City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Story City?
20% Down Payment
$57,573
on $287,863
Monthly P&I
$1,501/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,906/mo
incl. taxes & insurance
Income Needed
$76,240
gross annual (30% rule)
10% Down Option
$28,786
+ PMI applies
Loan Amount (20% dn)
$230,290
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Story City, IA?
The median home value in Story City is $287,863 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Story City?
Over the past year, home values in Story City have increased by 5.7%. Over five years, prices have risen approximately 29.6%.
How much do I need to earn to buy a home in Story City?
To comfortably afford the median home price of $287,863 with a 20% down payment ($57,573) at today's rates (6.8%), you'd need a gross annual income of approximately $76,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Story City compare to the national average home price?
The national median home value is approximately $410,000. At $287,863, homes in Story City are 30% below the national average.
What metro area is Story City part of?
Story City is part of the Ames, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.