Spirit Lake, IA
Housing market overview · Updated weekly
$161,250median sale price
Homes sold
4
Last 12 weeks
Days on market
143
Average pace
Active listings
24
6.0 months supply
Sale-to-list
91.8%
Below asking
The Spirit Lake housing market is currently classified as a buyer's market with a median sale price of $161,250. Prices have fallen 50.4% compared to last year, with homes spending an average of 143 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Spirit Lake
There are currently 24 homes listed for sale in Spirit Lake, Iowa. The median listing price is $412K.
Active listings
24
Homes on market
Median list price
$412K
Avg. days on market
143
Days until sale
New this week
6
Newly listed
Explore nearby cities in IA
Frequently asked questions
What is the average home price in Spirit Lake?
The median home sale price in Spirit Lake is $161,250, down 50.4% from last year.
How long do homes stay on market in Spirit Lake?
Homes typically spend 143 days on market before going under contract.
Is Spirit Lake a buyer's or seller's market?
With 6.0 months of supply, Spirit Lake is currently a buyer's market.
Get Spirit Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.