Spring Park, MN is a vibrant community with an impressive housing median value of $542,200. This is significantly higher than the US house median value of $338,100. Although the US experienced a one-year house appreciation of 8.27%, Spring Park's appreciation was 6.82%, still providing an excellent investment opportunity for those looking to purchase a home in this area. The strong housing market makes Spring Park an ideal location for people looking for an affordable and rewarding place to call home.
The median home cost in Spring Park is $542,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Spring Park is up 11.0%.
Average Age of Homes
- The median age of Spring Park real estate is 41 years old
The Rental Market in Spring Park
- Renters make up 68.1% of the Spring Park population
- 1.8% of houses and apartments in Spring Park, 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.