Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id
83815

1-208-719-9010

Call or text
 

Mon - Fri: 9:00 - 5pm

Weekends by appointment Book your apt Here

Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id 83815

1-208-719-9010

Call or text

Mon - Fri: 9:00 - 5pm

Weekends by appointment
Book your apt Here

spirit lake homes for sale

Spirit Lake Idaho Homes for Sale - Real Estate

Spirit Lake Idaho Homes for sale.  Includes homes in town, on land, waterfront, cabins,manufactured homes and more.  Sroll down for interactive graphs with 3 years worth of market trends for Spirit Lake.   

If there’s a Spirit Lake home you would like more information about or want to see, contact us today! 

Spirit Lake Real Estate market Statistics Homes Less than 2 Acres

Real Estate Market Statistics for Spirit Lake Homes on Less than 2 acres.  These are the homes in town. September  2026 Median Sales Price is $505,000, and selling for an average price per square foot of $332.  The Homes spent an average of 73 days on market and sold for 97.2% of final list price.  There is currently 6 Homes for sale providing for  1.5 months of inventory available.   Very much a sellers market.  

Spirit lake Market Statistics for Homes on More than 2 Acres

Spirit Lake homes – Real Estate Market update for homes on More than 2 acres in September 2026.  Homes sold for a Median Sales price of $905,000 and sold for an average price per sq ft of $443.  They sold for 98% of final list price and spent an average of 54 days on Market.  There are currently 16 homes available which breaks down to 4 months of available Inventory for homes on land.  Be sure to check the graphs to see how Spirit Lake compares to the rest of the county.  

Spirit Lake Frequently Asked Questions

The median home price in Spirit Lake Idaho for homes under 2 acres was $505,000 in September 2026, selling at an average of $332 per square foot. For homes on more than 2 acres, the median home price was $905,000, selling at an average of $443 per square foot. Prices vary based on lot size, lake proximity, and home features.

 Homes under 2 acres in Spirit Lake spent an average of 73 days on market in September 2026 and sold for 97.2% of final list price. Acreage properties on more than 2 acres averaged just 54 days on market and sold for 98% of final list price, selling even faster than in-town homes despite a significantly higher price point.

 Spirit Lake is currently a strong seller’s market for homes under 2 acres, with only 6 active listings providing 1.5 months of inventory as of September 2026. Acreage properties have slightly more breathing room, with 16 active listings providing 4 months of inventory. Check the market graphs on this page to see how Spirit Lake compares to the rest of Kootenai County.

Spirit Lake Idaho is unique in that it spans two counties — Kootenai County and Bonner County. Depending on where a specific property is located within town, buyers may deal with different county offices for matters like property taxes, permitting, and recording. It’s always a good idea to confirm which county a particular Spirit Lake property falls into before purchasing, as this can affect tax rates and local processes.

Spirit Lake Idaho is served by the Lakeland School District. Schools serving Spirit Lake include Spirit Lake Elementary and Timberlake Jr/Sr High School.

Spirit Lake carries a higher overall cost of living than the national average, driven largely by home values. The median home value is approximately $516,600, about 52.8% higher than the national average. However, renting remains comparatively affordable, with a typical two-bedroom unit costing approximately $1,090 per month, about 23.8% below the national average. The median household income in Spirit Lake is $64,213, and the average commute time is approximately 33 minutes.

Accordion Content

 Yes. The City of Spirit Lake currently has a sewer moratorium in place due to treatment facility capacity limits. City officials have estimated the moratorium could remain in effect for 3-5 years while infrastructure improvements are completed, though this timeline is subject to change and has shifted in the past. This primarily affects new construction requiring new sewer connections, so it’s an important factor to research before purchasing bare land in Spirit Lake. Buyers should verify current status directly with Spirit Lake City Hall or check the city’s official sewer page, since some lots may already have sewer permits paid or may fall outside the moratorium boundary.

 Not all vacant lots in Spirit Lake are created equal. Some parcels require the buyer or builder to install and pay for infrastructure improvements such as water, sewer connections, and road paving before a building permit can be issued, often requiring work completed by a licensed engineer. These costs can be substantial and are in addition to the purchase price of the land. If you come across a lot that seems priced well below similar nearby parcels, it’s important to ask whether infrastructure is already in place or whether it will be an added cost. Always consult with your real estate agent to fully understand what’s included before purchasing bare land in Spirit Lake.

Down payment requirements vary based on loan type and lender. Because of its small population, Spirit Lake may qualify for USDA Rural Development financing, which offers 0% down for eligible buyers who meet income and property requirements. For buyers using conventional financing, down payment amounts scale with price: on a $505,000 home, 5% down would be approximately $25,250, 10% down approximately $50,500, and 20% down approximately $101,000, with 20% down eliminating the need for private mortgage insurance (PMI). Since USDA eligibility and income limits can change and vary by household size, contact us today and we will connect you with a trusted local lender who can confirm whether a specific property qualifies for USDA financing and provide a current rate quote tailored to your situation.

Spirit Lake Idaho is a scenic small town built around its namesake lake in Kootenai County, offering a slower pace of life, abundant acreage, and strong lake access. While housing costs run above the national average, Spirit Lake continues to draw buyers looking to trade city costs for small-town space and privacy. Buyers interested in bare land should factor in the current sewer moratorium and potential infrastructure costs when evaluating undeveloped lots.

Spirit lake History

 

Spirit Lake is a city in the United States found in Kootenai County, Idaho. Population density is running about 87 people per square mile.  A great place to enjoy the benefits of a small-town community!

 

houses for sale spirit lake idaho

There is a legend behind the place that claims the lake was initially called ‘clear water.’ It is a romantic story by the Kootenai Indians. It is a romantic story that led to them naming the lake ‘Tesemini’ which meant Lake of Spirits. The legend is as follows:

Hyas-Tyee-Skookum-Tum-Tum (Good Chieftains) of the Kootenai Tribe had a lovely daughter, Hya-Pam (Fearless Running Water) who loved a Kootenay Brave, Hasht-Eel-Ame-Hoom (Shining Eagle). Hostile tribes lived east of here, governed by an ancient chief, Pu-Pu-Mox-Mox (Yellow Serpent). He threatened war on the Kootenays if he was not allowed to wed Hya-Pam. To avert war, Hya-Pam’s father consented to the marriage.

The Indian Maid and her Brave were dismayed and vowed their eternal love. Binding themselves together with the ‘marriage chain of rushes’ they leaped into the lake from Suicide Cliff. As the lovers were never found, folklore tells us that on a moonlit night, when the wind is still, you may see their shadowy silhouettes as they drift across the lake in a phantom canoe. As the lake ice floes melt and grind together in springtime, weird, mournful and haunting sounds are heard, are these the cries of the Indian lovers as they seek release from the Lake of the Spirits?

 

 

 However, the town emerged as a logging town in 1907.  For your tidbit of history:  the first building in town is the one Sondahl Pottery occupies.

 

Spirit Lake

Spirit Lake Idaho Real Estate

Spirit Lake is one of our treasures!  Spirit Lake is reputed to be one of only 2 lakes in the world with a sealed bottom.  The lake measures 4 and 1/2 miles long and over 1 mile across at its widest point.  With 12 miles of Shoreline, it is the highest (above sea level) of all of the small lakes in the Inland Empire area with an elevation of 2,400 feet.  It is claimed to be over 100 feet deep in spots.  You won’t find a lot of properties on this lake.  It is a beautiful quiet lake to enjoy.

 

Things to do in Spirit Lake Idaho

spirit lake homes for sale

To check out the Social activities in Spirit lake you are going to want to keep an eye on the Parks and Recreation Page there is a good batch of community events or you can subscribe to their Facebook page here.

 

Spirit Lake library also has some good activities going on for the kids you can follow them Here.  The community comes out in force every summer for the lawn mower races!  Be sure to watch for that on Father’s Day.  To see some of the events that the Chamber supports you can check them out here!     From the bike rides, and Farmers Market to the free summer concerts you will find this town to have all of the amenities with a very quiet laid back personality where everyone is your friend.

Spirit Lake Weather

The area receives around 30 inches of rain annually while the average is 39 in the USA and 50 inches of snow. There are 68 days of measurable precipitate and 171 sunny days in a year. This place has four distinct seasons. The summers are short, warm, dry, and mostly clear and the winters are freezing and overcast. The temperature varies from 22°F to 85°F over the course of the year and maintains between 6°F and 94°F.

Spirit Lake Cost of Living

Spirit Lake carries a higher overall cost of living than the national average, driven largely by home values — but it remains far more affordable than many lakefront communities, especially when it comes to renting.

  • Median home value: approximately $516,600 — about 52.8% higher than the national average and 16.1% higher than the Idaho average
  • Average two-bedroom rental: approximately $1,090 per month — about 23.8% below the national average
  • Monthly budget for a family of four: approximately $8,250 per month
  • Monthly budget for a single person: approximately $2,967 per month
  • Median household income: $64,213
  • Average commute time: approximately 33 minutes

While housing costs run above the national average, Spirit Lake’s slower pace of life, abundant acreage, and lake access continue to draw buyers looking to trade city costs for small-town space and privacy.

Spirit Lake Schools

Spirit Lake Idaho Real EstateSpirit Lakes schools are in the Lakeland School District!   The Spirit Lake Elementary school, Timberlake junior high school, Timberlake senior high school. Spirit lake schools spend an average of $6,915 per student, have 19 pupils per teacher, 541 children per counselor, and 458 students per librarian.  And if you want to know when the next football game is here is the link to the team schedules. 

Security and Health

Spirit Lake has a police department, and the general crime rate on a scale of 1 to 100 is 18. This low crime rate makes the area a haven to live. The health index of the area is also impressive. On a scale of 0-100, the air quality is 79, and the water quality is 48. There are also 231 physicians per 100,000 population in the area while the US average is 210.

Spirit Lake Growth

Spirit Lake has been feeling some serious growth over the last couple of years.  Enough growth that right now it has outgrown its city sewer system.  You will want to check with the planning and zoning if you are wanting to build in the near future as there is a moratorium on building permits right at this time.    Hopefully, they get that solved soon.

 

Other Surrounding Communities

With Spirit Lake being in both Kootenai and Bonner County.  There are a lot of options in this community.  Bonner County starts just on the North side of town and is treasured for its easier building permit access.  

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Michele Hoffmann Managing broker Idaho Real Homes LLC

About Michele Hoffmann

I’m Michele, Broker/Owner of Idaho Real Homes LLC. I’ve been in North Idaho real estate for 21 years, I serve all five counties plus Washington state, and my business runs almost entirely on referrals.

I specialize in first-time buyers, farm and ranch properties, and working with senior clients going through housing transitions. Education matters a lot to me — I hold the CRS, ABR, SRS, SRES, and GRI designations — because you deserve an agent who actually knows their stuff.

Straight talk, no pressure, and I’ll always tell you the truth. Check my Google Reviews if you want to know what working with me is actually like.

Michele Hoffmann
Broker/Owner, Idaho Real Homes LLC
📞 208-719-9010 (Business)
📱 208-659-2737 (I actually answer)