Local Market0 views · 1 answer
How competitive is the Spirit Lake housing market?
P
Primpted Housing Analyst
Updated monthly · Data through July 2026 · v266
- Sold Score
- 44/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.31
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 58
- YoY days on market
- Price cuts
- 27.3%
- YoY of active listings
Spirit Lake is moderately competitive as of July 2026, with a Sold Score of 44/100 (Fair Chance of Selling).
**Pending ratio** is 0.31 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +3.8% — more choices for buyers than a year ago.
**Median days on market** is 58. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 27.3% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (July 2026): Sold Score: 44/100 (Fair Chance of Selling) · Pending ratio: 0.31 · Inventory YoY: +3.8% · Median days on market: 58 · Sellers cutting price: 27.3% · Median listing price: $528,900 (-2.4% YoY)
Spirit Lake snapshot
As of the latest 2026 data- Median listing
- $529K
- YoY -0.0%
- Active inventory
- 220
- YoY +0.0%
- Median DOM
- 58
- YoY +0.0%
- Pending ratio
- 0.31
- YoY +0.1%
- Price-reduced
- 17.4%
- YoY +0.0%