Spring Lake, ND has a median housing value of $311,900, which is quite a bit lower than the US median value of $338,100. On top of that, the one year house appreciation in Spring Lake is 9.41%, significantly higher than the US average of 8.27%. This indicates that now might be a great time to invest in property in Spring Lake, as it is likely to appreciate in value over the next 12 months.
The median home cost in Spring Lake is $311,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Spring Lake is up 10.5%.
Average Age of Homes
- The median age of Spring Lake real estate is 44 years old
The Rental Market in Spring Lake
- Renters make up 0.0% of the Spring Lake population
- 0.0% of houses and apartments in Spring Lake, 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.