Population: 8,533 · Density: 31.3/mi² · Median household income: $74,375
Typical home value: $238,990 · Homeownership: 75.2%
Data as of January 2026. Source: Realtor.com.
The SPIRIT LAKE, IA real estate market (51360) currently shows 51 active listings, with 15 pending sales. Homes are averaging 99 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 99 days on market compared to 132 days last year.
The median listing price has risen 4.9% year-over-year, from $448,000 to $470,000.
Whether you are buying or selling in SPIRIT LAKE, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51360 | Spirit Lake, IA 51360 | 0.0 mi | 51 | $49,153,953 | $470,000 | $963,803 |
| 51331 | Arnolds Park, IA 51331 | 5.5 mi | 39 | $25,943,229 | $559,900 | $665,211 |
| 51347 | Lake Park, IA 51347 | 11.5 mi | 8 | $2,783,200 | $278,850 | $347,900 |
| 51340 | Fostoria, IA 51340 | 14.0 mi | 2 | $318,000 | $159,000 | $159,000 |
| 56150 | Lakefield, MN 56150 | 15.1 mi | 6 | $976,302 | $143,450 | $162,717 |
| 56111 | Alpha, MN 56111 | 17.5 mi | 2 | $494,000 | $247,000 | $247,000 |
| 51365 | Wallingford, IA 51365 | 19.8 mi | 3 | $393,900 | $115,000 | $131,300 |
| 51338 | Everly, IA 51338 | 19.9 mi | 3 | $318,750 | $106,250 | $106,250 |
| 56161 | Okabena, MN 56161 | 22.2 mi | 2 | $382,000 | $191,000 | $191,000 |
| 51354 | Ocheyedan, IA 51354 | 23.0 mi | 2 | $260,000 | $130,000 | $130,000 |
| 50531 | Dolliver, IA 50531 | 23.7 mi | 1 | $199,900 | $199,900 | $199,900 |
| 51346 | Hartley, IA 51346 | 25.5 mi | 7 | $1,359,575 | $207,450 | $194,225 |
| 51350 | Melvin, IA 51350 | 27.3 mi | 1 | $139,500 | $139,500 | $139,500 |
As of January 2026, there are 51 active listings in SPIRIT LAKE, IA (zip code 51360), compared to 68 the prior year.
The median listing price in SPIRIT LAKE, IA 51360 is $470,000 as of January 2026, a 4.9% increase from $448,000 the prior year.
Homes in SPIRIT LAKE, IA 51360 spend an average of 99 days on the market before going under contract, compared to 132 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPIRIT LAKE, IA 51360 is currently a Seller's Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 99 days on market compared to 132 days last year.
With SELL123.com's maximum 3% commission, sellers in SPIRIT LAKE, IA 51360 save an estimated $9,400 compared to a typical 5% commission on the median listing price of $470,000. 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.