Markets/Iowa/Spirit Lake

Spirit Lake, IA Real Estate Market 2026

Investor-grade market analytics for Spirit Lake, Iowa. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$392,327

+1.9% year-over-year

12-Month Forecast

+1.9%

base case (Zillow ZHVF)

+1.9% year-over-year

Climate Risk

10/100

Very Low

Market Momentum

➡️
Neutral
3.7mo supply · Score 0/7

Net migration: Bottom 44% nationally

Income Migration

💰 Wealth Influx1.29x

In-migrants avg $78,969 AGI vs out-migrants $61,365

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Opportunity Zone Market

1 ZIP codes in Spirit Lake are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Spirit Lake Market Summary

Spirit Lake, IA is in a stabilization phase with 1.9% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.26x, above the national average of 4.8x. Climate risk remains low (10/100), favorable for long-term investment stability.

Affordability

Affordability Score68/100
Price-to-Income Ratio5.3x (national avg 4.8x)
Median Household Income$74,570

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.9%
Base Case+1.9%
Bull Case+2.8%

Climate & Natural Hazard Risk

Spirit Lake, IA's primary climate exposure is flooding (25/100). The composite climate risk score of 10/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Spirit Lake dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.