Spring Brook, MN is a wonderful place to live, with a median home value of $96,200. This is considerably lower than the median home value of the United States as a whole, which is $338,100. Despite this difference in price between Spring Brook and the nation as a whole, homes in Spring Brook have appreciated by an impressive 9.54% over the past year. This is slightly higher than the appreciation seen in homes across America over the same period of time (8.27%). Living in Spring Brook is both affordable and economically sound due to its strong housing market appreciation.
The median home cost in Spring Brook is $96,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Spring Brook is up 14.7%.
Average Age of Homes
- The median age of Spring Brook real estate is 69 years old
The Rental Market in Spring Brook
- Renters make up 2.9% of the Spring Brook population
- 0.0% of houses and apartments in Spring Brook, 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.