Spirit Lake, IA home prices
Typical home $384,338 · +1.7% in a year · income needed $109,600
The Spirit Lake, IA metro area ranks 176 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.7% in a year and +28.5% over five years. With 20% down at 7.11%, the typical home costs about $2,557 a month including 0.92% property tax (Dickinson County rate).
Mortgage on the typical Spirit Lake home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $76,868 | $307,471 | $2,068 | $0 | $488 | $2,557 | $109,600 |
| 10% down | $38,434 | $345,904 | $2,327 | $144 | $488 | $2,959 | $126,800 |
| 5% down | $19,217 | $365,121 | $2,456 | $152 | $488 | $3,097 | $132,700 |
| 3.5% down (FHA) | $13,452 | $377,377 | $2,539 | $170 | $488 | $3,197 | $137,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.92% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Spirit Lake area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dickinson County, IA | $384,118 | +1.7% | 0.92% |
What can you afford in Iowa on your salary? · Iowa home prices · Salaries in Iowa
Frequently asked questions
How much is a house in Spirit Lake?
The typical home in the Spirit Lake, IA metro area is worth $384,338 (Zillow, September 2026).
What salary do you need to buy a house in Spirit Lake?
About $109,600 a year for the typical home with 20% down at 7.11%.