Spruce Valley, MN Housing


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United States / Minnesota / No Metro Area / Marshall County / Spruce Valley / Zip Codes
The housing market in Spruce Valley, MN is thriving. The median value of homes in the area is $151,900 which is significantly lower than the US median value of $338,100; however, appreciation rates have been higher in Spruce Valley than the national average for the past year. Homeowners have seen an increase of 9.54% over the last 12 months compared to a US average of 8.27%. This indicates that housing prices are rising quickly and could be a great investment opportunity for prospective buyers.

The median home cost in Spruce Valley is $151,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Spruce Valley is up 14.7%.

Average Age of Homes
- The median age of Spruce Valley real estate is 45 years old
The Rental Market in Spruce Valley
- Renters make up 9.0% of the Spruce Valley population
- 0.0% of houses and apartments in Spruce Valley, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSpruce Valley, MinnesotaUnited States
  106.0139,647,020.0
  5042
  $151,900$338,100
  14.7%16.6%
  49.9%57.0%
  74.6%101.1%
  $9.00$10.98
  $821$2,690
  74.5%57.4%
  20.8%11.2%
  4.7%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  10.4%3.6%
  10.4%4.1%
  Value of Owner-Occupied Housing
  2.5%2.6%
  0.0%2.4%
  7.6%2.8%
  7.6%3.9%
  19.0%4.5%
  20.3%11.3%
  16.5%13.0%
  16.5%20.1%
  3.8%13.6%
  6.3%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  6.6%13.6%
  6.6%13.6%
  13.2%13.6%
  10.4%13.2%
  21.7%14.8%
  13.2%13.6%
  16.0%10.0%
  9.4%4.7%
  13.2%12.2%
Commute
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