Real estate market overview
Explore US City Spirit Lake, ID - Real Estate Market Insights, Demographics, Crime, Trends & Hotspots
Spirit Lake, ID market overview shows a median price of $475,556, a population of 2,419.
- Pulse Score
- N/A
- Cap Rate
- N/A
- Investor Friendly Score
- N/A
- Median Price
- $475,556
Market Insights
With only 2.4 months of inventory, Spirit Lake remains a seller's market. Home prices have increased 2.8% in the past month alone. With 2.4 months of supply, Spirit Lake's inventory levels remain relatively tight. Homes are taking about 28 days to sell, which is -10 days longer than this time last year. A significant 58.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 28.6% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Spirit Lake market with the affordability index at 1658.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Demographic Data
| Reported group | Population |
|---|---|
| White population | 2,328 |
| Black population | 7 |
| Asian population | 0 |
| Hawaiian | 6 |
| Samoan | 0 |
| Chamorro | 0 |
| Fijian | 0 |
| Marshallese | 0 |
| Asian indian | 0 |
| Asian bangladeshi | 0 |
| Asian chinese | 0 |
| Asian bhutanese | 0 |
| Asian burmese | 0 |
| Asian filipino | 0 |
| Asian hmong | 0 |
| Asian indonesian | 0 |
| Asian japanese | 0 |
| Asian korean | 0 |
| Asian laotian | 0 |
| Asian malaysian | 0 |
| Asian mongolian | 0 |
| Asian nepalese | 0 |
| Asian pakistani | 0 |
| Asian srilankan | 0 |
| Asian taiwanese | 0 |
| Asian pakistani | 0 |
| Asian srilankan | 0 |
| Asian taiwanese | 0 |
| Asian thai | 0 |
| Asian vietnamese | 0 |
| Hispanic latino | 74 |
| Mexican | 40 |
| Puerto rican | 0 |
| Cuban | 0 |
| Dominican | 0 |
| Salvadoran | 0 |
| Costa rican | 0 |
| Gautemalan | 0 |
| Honduran | 0 |
| Nicaraguan | 0 |
| Panamanian | 0 |
| Argentinean | 13 |
| Bolivian | 0 |
| Chilean | 0 |
| Colombian | 0 |
| Ecuadorian | 0 |
| Peruvian | 0 |
| Uruguyan | 0 |
| Venezuelan | 0 |
Crime for City - Spirit Lake, ID
| Category | Reported incidents |
|---|---|
| Assault | 1 |
| Property crime | 2 |
Real Estate Market Prediction for - Spirit Lake, ID
Median Sale Price Trend
Log in to view moreDoes a rental pencil out in Spirit Lake, ID?
A median-priced home ($475,556) at the average rent ($925/mo), with 25% down at 7.25%, after property tax, insurance, vacancy, repairs, reserves and management.
- Cash flow on a median home
- $-2,316/mo
- Cash-on-cash return
- -20.9%
- DSCR
- 0.05
- Rent needed for a 1.25 DSCR
- $4,905/mo
- Landlord insurance, hazard-adjusted
- $3,822/yr
Run it with your own numbers in the free DSCR calculator. Read the methodology and default assumptions.
Nearby locations
Related analysis
FAQ about Spirit Lake, ID
What is the real estate market like in Spirit Lake, ID?
PulseReal aggregates median sale price, cap rate, rental yield, and inventory trends for Spirit Lake, ID from active MLS listings and short-term rental performance data. The median price on this page is $475,556. The population figure on this page is 2,419. Browse the live cards above for the current Pulse Score, cap rate, investor-friendly score, and median price.
How is the Pulse Score for Spirit Lake, ID calculated?
The Pulse Score combines property value appreciation, rental income potential, market liquidity, demographic trends, and crime/safety signals into a single 0–100 grade. Higher scores indicate stronger investor fundamentals.
Is Spirit Lake, ID a good place to invest in real estate?
Investment quality depends on your goals. Use the cap rate, investor-friendly score, demographic insights, and crime data on this page to evaluate Spirit Lake, ID for buy-and-hold, fix-and-flip, or short-term rental strategies.
Where does PulseReal’s data for Spirit Lake, ID come from?
Our analysis combines public datasets (US Census Bureau, FBI Uniform Crime Reporting, HUD, BLS) with proprietary short-term rental performance and active MLS feeds, refreshed on a regular cadence.
How can I see crime, school, and short-term rental data for Spirit Lake, ID?
Use the “Related analysis” section on this page to jump to the dedicated crime report, school ratings, and state-level short-term rental market analysis for Spirit Lake, ID.
Sources & further reading
Check the underlying sources alongside the published figures and methodology.
- FBI Crime Data Explorer — official UCR crime statistics by state and agency.
- US Census Bureau — population, demographics, housing and income.
- HUD Market Data — affordability, fair-market rents and market reports.
- PulseReal methodology — formulas and data sources.
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