Spirit Lake, IA Home Values & Market Trends
Real estate market trends reflect that there have been 212 transactions over the past year in Spirit Lake. The median value for residential home transactions that occurred over the previous year is $480,463. The number of current listings in Spirit Lake is 248, and the percentage of properties for sale in the city is 248.00%. Spirit Lake, IA currently has 4 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 248 properties for sale.
Spirit Lake, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 51360 | $ 480,463 $ 326/sqft |
Housing Market Summary for Spirit Lake, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $599.5K | $699.8K | 16.73% |
| Median Sold Price | $405.7K | $415K | 2.30% |
| Homes For Sale | 164 | 242 | 47.56% |
| Homes Sold | 50 | 87 | 74.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Spirit Lake, IA
Browse Homes in Spirit Lake, IA
Spirit Lake home values range from $32,507 to $3,760,519. The median estimated value of a home in Spirit Lake is $480,463. The median list price of a home is 699,750, and the total count of properties in the city is 347.
- Pre-ForeclosurePre-foreclosure homes account for 0.86% of all residential properties in Spirit Lake, IA with 51360 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Spirit Lake, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $476,830 in 51360 to the lowest home value of $146,211 in 51360.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Spirit Lake, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Spirit Lake, IA. There is 1 zips within Spirit Lake, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions51360 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Spirit Lake, IA. Auction homes and other auction properties account for 0.29% of all properties in Spirit Lake, IA. There is 1 zips within Spirit Lake, IA; of that zips, the median estimated home value for homes going to auction ranges from $233,512 in 51360 to the lowest value of $233,512 in 51360.
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Guide for Spirit Lake, IA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.