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Is Spirit Lake, IA 51360 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Spirit Lake is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.1Under 4 months = seller’s market

Sold above original list15%Share of sales, last 3 months

Median sale-to-list96%Sold price ÷ list price

Median days on market49Listing to accepted offer

Median price per sq ft$253▲ +10.7% vs. last year

Run the numbers for 51360

Prefilled for 51360Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51360Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arnolds Park 51331Seller’s market $344 /sq ft Lake Park 51347Buyer’s market $157 /sq ft Milford 51351Balanced $184 /sq ft Okoboji 51355Seller’s market $340 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology