Spirit Lake, IA (Northwestiowanow.com) — The average home price in two counties in the Iowa Great Lakes Board of Realty trade area fell in the first quarter but rose in the third.

Property values in Dickinson County fell from an average of 520 thousand 709 dollars in the first quarter of 2025, down 8 and a half percent from the first quarter of 2024. The average deal in Clay County was 178 thosuand 294 bucks, down 15 percent from a year ago. The average home-price in Emmet County rose 20 percent to 185 thousand 305 dollars for the period covering January, February, and March.

There were 43 sales in Clay County for the same period, up 21 percent from last year. Homes spent an average of 114 days on the market, 15 percent longer than 2024. 64 deals closed in Dickinson County – more than Clay and Emmet Counties combined – but that was down 31 percent from last year. 104 days on the market, down 45 percent.

And the number of real estate closings in Emmet County for the first quarter was down 21 percent to 19. Days on the market were down 12 percent to 97.