Is Spirit Lake, ID 83869 a buyer’s or seller’s market?
Spirit Lake is a seller’s market. With about 3.4 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 41% of U.S. ZIP codes, and #36 of 69 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Spirit Lake housing market right now
In the three months ending August 31, 2026, 13% of homes in Spirit Lake, ID 83869 sold above their list price, the typical home went under contract in 18 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold faster (43 days then) and the median sale price rose 2% to $667,369. Overall, Spirit Lake is more competitive than a year ago, so tougher for buyers.
Within Kootenai County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 56%. On our competition score, Spirit Lake ranks #36 of 69 ID ZIP codes with enough sales (score 42 out of 100).
Nearby, buyers who want less competition could look at Coeur d'Alene 83814 (8% sold over asking) or Harrison 83833 (9% sold over asking), while Cataldo 83810 (50% sold over asking) and Rathdrum 83858 (37% sold over asking) are even more competitive.
Run the numbers for 83869
Nearby markets
Athol 83801Seller’s market $402 /sq ftCataldo 83810Balanced $317 /sq ftCoeur d'Alene 83814Balanced $419 /sq ftCoeur d'Alene 83815Seller’s market $313 /sq ft Browse all markets →Towns like Spirit Lake nearby
Find towns like Spirit Lake in other states →Where Spirit Lake is
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Questions about Spirit Lake real estate
Is Spirit Lake a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Spirit Lake, ID 83869 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Spirit Lake?
The typical home went under contract in 18 days in the latest three months.
Do homes in Spirit Lake sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Spirit Lake?
About 0.44% of a home’s value a year in Kootenai County, or roughly $1,760 on a $400,000 home.
What is the median home price in Spirit Lake?
The median sale price was $667,369 in the three months ending August 31, 2026, about $368 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology