Spirit Lake, IA metro area Housing Market Brief
metro · IA · score computed October 2026
What is Spirit Lake, IA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 1 of 5 (population 12,616–37,875) · comparable within its band
Where is Spirit Lake, IA metro area in its market cycle?
Spirit Lake, IA metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Spirit Lake, IA metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Spirit Lake, IA metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $459K | ▼ -0.9% | Redfin |
| Median Days on Market | 73 days | ▲ +2.8% | Redfin |
| Months of Supply | 4.9 | ▲ +11.4% | Redfin |
| Homes for Sale | 245 | ▲ +17.2% | Redfin |
| Homes Sold | 50 | ▲ +4.2% | Redfin |
| Median Price / Sq Ft | $244 | ▼ -4.5% | Redfin |
How has Spirit Lake, IA metro area’s Alpha Score moved?
Markets like Spirit Lake, IA metro area
- Othello, WA metro area, WAmetro50
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- Burley, ID metro area, IDmetro56
- Juneau, AK metro area, AKmetro51
- Winnemucca, NV metro area, NVmetro58
- Kerrville, TX metro area, TXmetro52
- Elko, NV metro area, NVmetro49
- Easton, MD metro area, MDmetro50
- Williston, ND metro area, NDmetro57
- Ketchikan, AK metro area, AKmetro60
Frequently asked questions
Is Spirit Lake, IA metro area a buyer's or seller's market?
In the scores computed October 2026, Spirit Lake, IA metro area is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Spirit Lake, IA metro area?
The median sale price in Spirit Lake, IA metro area is $459K, having fallen 0.9% over the past year, according to Redfin.
How affordable is Spirit Lake, IA metro area?
Spirit Lake, IA metro area scores 36 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Spirit Lake, IA metro area's Alpha Score?
Spirit Lake, IA metro area's strongest dimension is Inventory Health (79/100) and its weakest is Rental Yield (16/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Spirit Lake, IA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.