Housing Prices in Spring Park, MN

How much do homes in Spring Park, MN cost?

Median List Price

$457,500

$296/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$287,000(-38.5%)

Key Takeaway

The list price of homes in Spring Park has decreased by 38.5% since last year.

Summary: The median home list price in Spring Park was $457,500 in March 2024, down 38.5% from the previous year, and the median price per square foot was $296.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $219.5K$210K
-4.3%
2 $739.4K$500K
-32.4%
3 $922.4K$490K
-46.9%
4 $449.9K$410K
-8.9%
5+ --
N/A

Summary: Spring Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 32.4%, 3 bedroom homes decreased by 46.9%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Orono
+3.9%
Mound
+1.8%
Spring Park
-38.5%

Housing Supply in Spring Park, MN

How many homes are available in Spring Park, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
04+100.0%

Summary: The Spring Park real estate market had 4 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 00
0.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The Spring Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Spring Park, MN

How long does it take to sell a home in Spring Park, MN?

Average Listing Age

Mar 2023Mar 2024CHANGE
100 Days18 Days-81.3%

Summary: Homes in Spring Park had an average listing age of 18 days in Mar 2024, down by 81.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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Newest Listings in Spring Park, MN

4 bedrooms, 2 full baths house for sale

$1,390,000

$10,000 Closing Credit

4

2

1,783 SqFt

4000 Sunset Dr, Spring Park MN, 55384

Listing Office:

RE/MAX HomeMasters

MLS logo

Nearby Markets to Spring Park, MN

What housing markets are near Spring Park, MN?

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 04/01/2022 - 04/01/2024

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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