Metropolitan market · Iowa · June 2026 data

Spirit Lake Real Estate Market

The Spirit Lake, IA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Spirit Lake report in a click.

Median listing price
$536,000
▼ 1.8% YoY
Median $ / sq ft
$307
1,896 sq ft median
Median days on market
60
June 2026
Active listings
200
For sale now
New listings
80
June 2026
Listings with price cuts
15%
Share of active
Median sale price (closed)
$420,000
▼ 20.8% YoY · closed sales
Sale-to-list ratio
96.9%
Closed sales
Homes sold / month
55
Closed sales
Median listing price trend
$546K$504K$462K$421K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Spirit Lake IA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$546K$473K$400K$327K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Spirit Lake IA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
200
New this month
80
Pending
66
Price-reduced
29

As of June 2026, the median home listed in Spirit Lake, IA asks $536,000 — down 1.8% from a year ago. Homes are taking a median of 60 days to go under contract, and 15% of the 200 active listings have taken a price cut, which points to a balanced market. Figures cover the Spirit Lake, IA metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
35/100
#746 of 932 covered metros
12-month outlook
-0.1%
Flat · model output, not advice
Momentum
55
Value
15
Rental yield
4
Supply risk
37
Market heat
34

Spirit Lake scores 35/100 on our composite Investor Score (#746 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 72% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Spirit Lake ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,416/mo
−$275/mo vs today
At today's rate · 6.43%
$2,691/mo
National weekly average
If rates rise 1% · 7.43%
$2,978/mo
+$287/mo vs today

Principal & interest on the $536,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
113
▼ 61.7% vs 2024
6.3 per 1,000 residents
Net migration (2022–2023)
+70
▲ people, via tax-return records
net income flow +$9.44M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Spirit Lake market FAQs

What is the median home price in Spirit Lake?
As of June 2026, the median listing price in Spirit Lake, IA is $536,000, down 1.8% year over year (source: public records and industry data). Figures cover the Spirit Lake, IA metro area.
How fast are homes selling in Spirit Lake?
The median property in Spirit Lake spends 60 days on the market, with 200 homes actively listed and 15% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Spirit Lake?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Spirit Lake and the wider Iowa market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Spirit Lake, IA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.