Property prices for sale in Spirit Lake (Iowa)

The prices in real estate in Spirit Lake, in the Iowa region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$600,921.5
Average price last 6 months
$268.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spirit Lake has increased strongly during the last 6 months. In January, the average price per sq.feet was $228. In the following month the price per sq.feet increased to $241. In the following two months the price per sq.feet has increased 112 %, going from $234.5 to $263 per sq.feet. The price per sq.feet has had a considerable increase of 124 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $248.75 to $309 during May, and June.

Average price

Based upon to the price in Spirit Lake (cities), this has gone up considerably in the last 6 months. The price in January is $469,167, rising in February till $521,429. During the following two months (March, April) the price has had an average incrementation from $495,298 to $567,611. Based on an analysis of the first four prices and the last two months the average price has risen strongly 139 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $679,522 they are 81 % more affordable than the average price for Spirit Lake. The properties with the lowest average price have 2 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 4 bedrooms priced at $614,336.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $154 / sq.feet, with an average $293 / sq.feet price in Spirit Lake. The properties with the highest average prices have 2 bedrooms. They are 35 % more expensive than the average followed by properties with 3 bedrooms with a price at $233 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $679,522 it is 62 % cheaper than the average price in Spirit Lake. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $257,968 it is 8 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $172 / sq.feet followed by "House" priced at $262 / sq.feet. "House" is the cheapest type of property with a $262 / sq.feet value followed by "Condo" with an average price of $172 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Spirit Lake
Number of properties used in region Iowa
$679,522
$293
926
152,672
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value