Zip 55975 (Spring Valley, MN) Housing

In Spring Valley, Minnesota (55975), the housing median value is $215,400, which is significantly lower than the national average of $338,100. However, over the past year the home appreciation rate in Spring Valley was 6.78%, which is only slightly lower than the 8.27% appreciation rate seen nationally. With a more affordable median home value and an impressive home appreciation rate, Spring Valley is an attractive place to live for those looking for great housing options at a great price.

The median home cost in Spring Valley (zip 55975) is $215,400. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Spring Valley (zip 55975) is up 11.4%.

Average Age of Homes

- The median age of Spring Valley (zip 55975) real estate is 57 years old

The Rental Market in Spring Valley (zip 55975)

- Renters make up 15.8% of the Spring Valley (zip 55975) population
- 2.1% of houses and apartments in Spring Valley (zip 55975), 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

Housing	Spring Valley, Minnesota	United States
	1,932.0	139,647,020.0
	57	42
	$215,400	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$9.58	$10.98
	$1,579	$2,690
	76.8%	57.4%
	7.9%	11.2%
	15.3%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	1.7%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	0.7%	2.4%
	2.1%	2.8%
	8.6%	3.9%
	6.3%	4.5%
	23.4%	11.3%
	15.9%	13.0%
	16.3%	20.1%
	12.9%	13.6%
	5.8%	8.3%
	3.8%	9.7%
	0.5%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	10.9%	13.6%
	3.1%	13.2%
	15.4%	14.8%
	10.9%	13.6%
	8.4%	10.0%
	3.8%	4.7%
	34.6%	12.2%

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