Springvale, MN is a beautiful community with a median house value of $394,800, which is significantly higher than the US median house value of $338,100. Although the 1 year appreciation rate for US housing was 8.27%, the house appreciation rate in Springvale, MN was 6.66%. This suggests that Springvale is a desirable place to live as more people are buying and investing in homes there. The combination of the higher median house prices and lower appreciation rate make it an attractive option for those looking to buy or invest in a home.
The median home cost in Springvale is $394,800. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Springvale is up 12.2%.
Average Age of Homes
- The median age of Springvale real estate is 37 years old
The Rental Market in Springvale
- Renters make up 7.6% of the Springvale population
- 0.0% of houses and apartments in Springvale, 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.