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Are buyers active in Spirit Lake?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v264

Data-backed
Sold Score
33/100
YoY Challenging Market Conditions
Pending ratio
0.34
YoY contracts vs active
Inventory YoY
+0.2%
YoY active listings
Median DOM
55
YoY days on market
Price cuts
21.3%
YoY of active listings
Buyer demand in Spirit Lake is **actively shopping** as of May 2026. The pending ratio is 0.34 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 55 days to go under contract. Active inventory is +23.7% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 21.3% of listings have cut price. Overall, the Primpted Sold Score for Spirit Lake is 33/100 (Challenging Market Conditions). — Live indicators (May 2026): Sold Score: 33/100 (Challenging Market Conditions) · Pending ratio: 0.34 · Inventory YoY: +23.7% · Median days on market: 55 · Sellers cutting price: 21.3% · Median listing price: $575,000 (+19.8% YoY)

Spirit Lake snapshot

As of the latest 2026 data
Median listing
$575K
YoY +0.2%
Active inventory
188
YoY +0.2%
Median DOM
55
YoY -0.1%
Pending ratio
0.34
YoY +0.0%
Price-reduced
12.5%
YoY +0.0%

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