Data as of September 2026. Source: Realtor.com.
The SPIRIT LAKE, IA real estate market (51360) currently shows 130 active listings, with 35 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.
Homes are selling faster, averaging 57 days on market compared to 79 days last year.
The median listing price has fallen 14.3% year-over-year, from $699,000 to $599,225.
Population: 8,533 · Density: 31.3/mi² · Median household income: $74,375
Typical home value: $238,990 · Homeownership: 75.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51360 | Spirit Lake, IA 51360 | 0.0 mi | 53 | $59,028,008 | $526,000 | $1,113,736 |
| 51331 | Arnolds Park, IA 51331 | 5.5 mi | 46 | $31,737,286 | $569,900 | $689,941 |
| 51364 | Terril, IA 51364 | 11.3 mi | 1 | $159,000 | $159,000 | $159,000 |
| 56143 | Jackson, MN 56143 | 13.8 mi | 28 | $6,951,980 | $188,750 | $248,285 |
| 51334 | Estherville, IA 51334 | 14.2 mi | 21 | $5,488,476 | $233,750 | $261,356 |
| 51345 | Harris, IA 51345 | 17.4 mi | 1 | $595,000 | $595,000 | $595,000 |
| 56111 | Alpha, MN 56111 | 17.5 mi | 2 | $798,000 | $399,000 | $399,000 |
| 51365 | Wallingford, IA 51365 | 19.8 mi | 3 | $312,624 | $97,225 | $104,208 |
| 51338 | Everly, IA 51338 | 19.9 mi | 3 | $345,000 | $115,000 | $115,000 |
| 56161 | Okabena, MN 56161 | 22.2 mi | 2 | $365,000 | $182,500 | $182,500 |
| 51358 | Ruthven, IA 51358 | 23.2 mi | 9 | $2,858,787 | $164,875 | $317,643 |
| 56121 | Ceylon, MN 56121 | 24.8 mi | 2 | $260,000 | $130,000 | $130,000 |
| 56119 | Brewster, MN 56119 | 26.9 mi | 3 | $601,626 | $197,375 | $200,542 |
As of September 2026, there are 130 active listings in SPIRIT LAKE, IA (zip code 51360), compared to 89 the prior year.
The median listing price in SPIRIT LAKE, IA 51360 is $599,225 as of September 2026, a 14.3% decrease from $699,000 the prior year.
Homes in SPIRIT LAKE, IA 51360 spend an average of 57 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPIRIT LAKE, IA 51360 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in SPIRIT LAKE, IA 51360 save an estimated $11,985 compared to a typical 5% commission on the median listing price of $599,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.