Spring Lake, MI housing market
The typical Spring Lake home is worth about $430,000, up 6.1% in a year, 61% above the Michigan typical home.
Home values, sales, trends and how Spring Lake compares with the towns next door — updated as new data is published.
Spring Lake at a glance
Typical home value, 2016–2026
Show as a table
| January | Spring Lake | Michigan |
|---|---|---|
| 2017 | $223,000 | $144,000 |
| 2018 | $238,000 | $155,000 |
| 2019 | $250,000 | $165,000 |
| 2020 | $264,000 | $175,000 |
| 2021 | $294,000 | $194,000 |
| 2022 | $338,000 | $217,000 |
| 2023 | $373,000 | $230,000 |
| 2024 | $380,000 | $241,000 |
| 2025 | $399,000 | $253,000 |
| 2026 | $420,000 | $262,000 |
| August 2026 | $430,000 | $266,000 |
36 new homes permitted in 2025
Builders were permitted 36 new homes in Spring Lake in 2025, all single-family houses, worth about $21.3 million to build. That's 2.3 per 1,000 residents, about the pace of Michigan as a whole. Over the past 10 years, Spring Lake has permitted 500 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Spring Lake gained 996 residents while 318 new homes were permitted: about 3.1 new residents per new home. Building and growth moved roughly in step. Across Michigan: 1.2 new residents per new home.
How Spring Lake ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 6 | 6 | 0 | $2.7 million |
| 2025 | 36 | 36 | 0 | $21.3 million |
| 2024 | 42 | 42 | 0 | $15.7 million |
| 2023 | 37 | 35 | 2 | $16.4 million |
| 2022 | 55 | 55 | 0 | $23.9 million |
| 2021 | 74 | 74 | 0 | $26.5 million |
| 2020 | 84 | 84 | 0 | $18.5 million |
| 2019 | 58 | 58 | 0 | $18.2 million |
| 2018 | 54 | 54 | 0 | $19.2 million |
| 2017 | 37 | 37 | 0 | $11.9 million |
| 2016 | 23 | 23 | 0 | $9 million |
| 2015 | 24 | 24 | 0 | $10.4 million |
| 2014 | 26 | 26 | 0 | $7.2 million |
| 2013 | 33 | 33 | 0 | $8.2 million |
| 2012 | 23 | 23 | 0 | $5.8 million |
| 2011 | 20 | 20 | 0 | $6.4 million |
| 2010 | 20 | 20 | 0 | $4.1 million |
| 2009 | 16 | 16 | 0 | $4.5 million |
| 2008 | 21 | 21 | 0 | $4.8 million |
| 2007 | 55 | 51 | 4 | $16 million |
| 2006 | 43 | 43 | 0 | $9.8 million |
| 2005 | 89 | 89 | 0 | $21.7 million |
| 2004 | 85 | 81 | 4 | $17.8 million |
| 2003 | 101 | 101 | 0 | $17.2 million |
| 2002 | 116 | 104 | 12 | $18.5 million |
| 2001 | 217 | 109 | 108 | $21.3 million |
| 2000 | 195 | 77 | 118 | $18.1 million |
How Spring Lake ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Spring Lake and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Spring Lake | $430K | +6.1% | $1,500 | 36 | $97,451 |
| Ferrysburg | $411K | +5.8% | $1,500 | 17 | $70,400 |
| Spring Lake | — | +4.8%† | $1,500 | 44 | $88,365 |
| Grand Haven | $402K | +4.2% | $1,530 | 194 | $99,592 |
| Crockery | — | +4%† | $1,270 | 22 | $89,700 |
| Grand Haven | — | +5.2%† | $1,460 | 25 | $60,669 |
| Fruitport | $342K | +6.3% | $1,360 | — | $85,413 |
† FHFA price index change, where Zillow has no home value for the town.
4.4 years of income
The typical Spring Lake home costs about 4.4 years of the town's median household income, more than across Michigan (3.7 years).
How Spring Lake ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,500
HUD's Fair Market Rent for a two-bedroom in Spring Lake is $1,500 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Spring Lake pay a median of $1,287, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.
Studio $1,040 · 4 bedrooms $2,210
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49456; Holland-Grand Haven, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.