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 currently exhibits cooling dynamics, characterized by a pending ratio of 0.31, indicating a measured absorption of available inventory. This condition reflects a softening in demand relative to supply, despite a year-over-year increase in the pending ratio.
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 seen a modest year-over-year increase of 3.8%, contributing to a greater supply pool. Concurrently, new listings also rose by 6.9% over the past year, further expanding options for prospective buyers. The median listing price has declined by 2.4% year-over-year, alongside a 1.3% month-over-month decrease, suggesting a downward pressure on pricing. The median days on market saw a slight year-over-year increase of 0.9%, indicating a marginally slower pace of transactions.
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
The prevailing cooling condition suggests that inventory is accumulating more readily, providing prospective buyers with an extended evaluation period and greater leverage in negotiations. Sellers may need to demonstrate increased price discipline to align with current demand absorption rates and facilitate transactions. The pace of sales is decelerating, influenced by a lower pending ratio and rising inventory levels.
Within the higher price tiers, the average listing price increased by 2.5% year-over-year, contrasting with a broader market decline in median prices. However, the median price per square foot across all listings decreased by 11.9% year-over-year, suggesting some pricing adjustments even if the very top-end average maintains a premium. The elevated average-vs-median spread suggests that the luxury segment maintains higher price points but may also face reevaluation on a per-square-foot basis.
220 active listings represent the current floor, with new supply arriving at roughly 62 per month.
of active listings carry a price reduction, +1.7% from prior period.
Median price per square foot has moved -11.9% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Spirit Lake, IA? Buyer Demand Index is running at 31%.
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
- 58 days
- Inventory YoY
- +4%
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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