In Spirit Lake, ID (zip code 83869), the median housing value is $496,800, which is significantly higher than the United States' overall median value of $338,100. Additionally, the one-year house appreciation rate in Spirit Lake is 8.90%, slightly higher than the U.S. rate of 8.27%. This suggests that houses in Spirit Lake are popular and in demand, as people seek to own properties close to this scenic area. The high median value along with strong appreciation rates indicate that housing in Spirit Lake is a sound investment choice for potential buyers.
The median home cost in Spirit Lake (zip 83869) is $496,800. Home appreciation the last 10 years has been 181.9%. Home Appreciation in Spirit Lake (zip 83869) is up 15.8%.
Average Age of Homes
- The median age of Spirit Lake (zip 83869) real estate is 26 years old
The Rental Market in Spirit Lake (zip 83869)
- Renters make up 16.8% of the Spirit Lake (zip 83869) population
- 0.4% of houses and apartments in Spirit Lake (zip 83869), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.