Spring Lake, MI housing market
Homes typically sell in 24 days, below asking.
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
A balanced market
About 4.2 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 60% in 5 years
The federal house price index for the ZIP code around Spring Lake rose 60% over the past 5 years, faster than across Michigan (52%). Last year prices rose 4.8%. Carrying the Census median home value forward with that index puts the typical Spring Lake home at roughly $561,000 today.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +4.8% | +169% | +97% |
| 2024 | +8.9% | +157% | +88% |
| 2023 | +12% | +136% | +76% |
| 2022 | +12% | +111% | +64% |
| 2021 | +12% | +87% | +45% |
| 2020 | +4.7% | +68% | +30% |
| 2019 | +4.3% | +60% | +26% |
| 2018 | +7.4% | +54% | +20% |
| 2017 | +9.1% | +43% | +12% |
| 2016 | +6.9% | +31% | +5.3% |
| 2015 | +6.1% | +23% | 0% |
| 2014 | +8.3% | +16% | −4.7% |
| 2013 | +0.9% | +6.9% | −12% |
| 2012 | −0.4% | +5.9% | −16% |
| 2011 | −4.3% | +6.3% | −16% |
| 2010 | −3.9% | +11% | −12% |
| 2009 | −4.7% | +16% | −5% |
| 2008 | −3% | +21% | +3.5% |
| 2007 | +1.4% | +25% | +11% |
| 2006 | −1.3% | +23% | +16% |
| 2005 | +6.9% | +25% | +18% |
| 2004 | +5.1% | +17% | +14% |
| 2003 | +2.2% | +11% | +10% |
| 2002 | +2.5% | +8.8% | +8.3% |
| 2001 | +6.2% | +6.2% | +5% |
| 2000 | — | — | — |
How Spring Lake ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 49456, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
44 new homes permitted in 2025
Builders were permitted 44 new homes in Spring Lake in 2025: 4 single-family houses and 40 in buildings with two or more homes, worth about $12 million to build. That's 17 per 1,000 residents, faster than across Michigan (2.3). Over the past 10 years, Spring Lake has permitted 118 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Spring Lake gained 174 residents while 124 new homes were permitted: about 1.4 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Michigan: 1.2 new residents per new home.
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) | 22 | 2 | 20 | $6 million |
| 2025 | 44 | 4 | 40 | $12 million |
| 2024 | 2 | 2 | 0 | $1 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 14 | 2 | 12 | $3.5 million |
| 2020 | 1 | 1 | 0 | $528,000 |
| 2019 | 18 | 6 | 12 | $5.9 million |
| 2018 | 6 | 6 | 0 | $1.1 million |
| 2017 | 1 | 1 | 0 | $196,000 |
| 2016 | 32 | 8 | 24 | $6.7 million |
| 2015 | 5 | 5 | 0 | $608,000 |
| 2014 | 17 | 17 | 0 | $2.9 million |
| 2013 | 23 | 23 | 0 | $3.5 million |
| 2012 | 13 | 13 | 0 | $1.3 million |
| 2011 | 8 | 8 | 0 | $855,000 |
| 2010 | 1 | 1 | 0 | $73,000 |
| 2009 | 0 | 0 | 0 | $20,000 |
| 2008 | 2 | 2 | 0 | $565,000 |
| 2007 | 2 | 2 | 0 | $738,000 |
| 2006 | 47 | 5 | 42 | $2.1 million |
| 2005 | 4 | 4 | 0 | $373,000 |
| 2004 | 4 | 4 | 0 | $373,000 |
| 2003 | 3 | 3 | 0 | $280,000 |
| 2002 | 3 | 3 | 0 | $280,000 |
| 2001 | 3 | 3 | 0 | $280,000 |
| 2000 | 0 | 0 | 0 | — |
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 | — | +4.8%† | $1,500 | 44 | $88,365 |
| Spring Lake | $430K | +6.1% | $1,500 | 36 | $97,451 |
| Ferrysburg | $411K | +5.8% | $1,500 | 17 | $70,400 |
| Grand Haven | — | +5.2%† | $1,460 | 25 | $60,669 |
| Grand Haven | $402K | +4.2% | $1,530 | 194 | $99,592 |
† FHFA price index change, where Zillow has no home value for the town.
3.6 years of income
The typical Spring Lake home costs about 3.6 years of the town's median household income, about the same as across Michigan (3.7).
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 $1,079, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $1,040 · 4 bedrooms $2,220
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. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.