Spirit Lake, IA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Spirit Lake market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Spirit Lake, IA.
The Spirit Lake market is characterized by cooling conditions, with the pending ratio registering at 0.31, reflecting a -0.3 percentage point decrease year-over-year. Active listings have expanded by 6.3% over the past year, indicating an increase in available supply.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Spirit Lake market right now.
Active listings have expanded by 6.3% year-over-year, while new listings saw a substantial increase of 86.7% over the past year. This expansion in supply contrasts with a pending ratio of 0.31, which is down 0.3 percentage points year-over-year. Median listing prices have increased by 18.4% year-over-year, although the median price per square foot has declined by 6.7% over the same period.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.31, market absorption is decelerating, placing increased pressure on inventory levels. Buyers may observe greater flexibility in negotiations as the pace of transactions has slowed, indicated by a -23.4% year-over-year reduction in median days on market, alongside an increase in price-reduced share. This environment suggests a need for more disciplined pricing from sellers to align with current demand.
The average listing price has seen minimal growth at 0.3% year-over-year, significantly underperforming the 18.4% growth in median listing price. This disparity, coupled with a 6.7% year-over-year decline in median price per square foot, indicates potential softening in the higher-priced segments of the market.
221 active listings represent the current floor, with new supply arriving at roughly 56 per month.
of active listings carry a price reduction, +3.4% from prior period.
Median price per square foot has moved -6.7% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Spirit Lake, IA? Homes here are taking 19 days less to sell than last year.
Buyers have leverage in Spirit Lake, IA. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 31%
- Median Days on Market
- 64 days
- Inventory YoY
- +6%
In a buyer's market, strategy beats timing. See how your home scores in Spirit Lake, IA and what moves the number.
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