Spring Grove, MN housing market
The median sale price was $188,000 in February 2026.
Home values, sales, trends and how Spring Grove compares with the towns next door — updated as new data is published.
Spring Grove at a glance
Only 4 sales in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Spring Grove in 2025, all single-family houses, worth about $1.7 million to build. That's 2.5 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, Spring Grove has permitted 5 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Spring Grove's population fell by 74 even though 4 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Minnesota: 2.2 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) | 1 | 1 | 0 | $567,000 |
| 2025 | 3 | 3 | 0 | $1.7 million |
| 2024 | 1 | 1 | 0 | $600,000 |
| 2023 | 1 | 1 | 0 | $303,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $150,000 |
| 2013 | 1 | 1 | 0 | $150,000 |
| 2012 | 1 | 1 | 0 | $90,000 |
| 2011 | 1 | 1 | 0 | $90,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 2 | 2 | 0 | $300,000 |
| 2008 | 4 | 4 | 0 | $600,000 |
| 2007 | 4 | 4 | 0 | $702,000 |
| 2006 | 2 | 2 | 0 | $350,000 |
| 2005 | 5 | 3 | 2 | $600,000 |
| 2004 | 5 | 5 | 0 | $614,000 |
| 2003 | 1 | 1 | 0 | $80,000 |
| 2002 | 5 | 5 | 0 | $612,000 |
| 2001 | 3 | 3 | 0 | $305,000 |
| 2000 | 3 | 3 | 0 | $418,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Spring Grove and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Spring Grove | — | — | $1,110 | 3 | $59,625 |
| Spring Grove | $274K | +5.8% | $1,100 | — | $73,333 |
2.6 years of income
The typical Spring Grove home costs about 2.6 years of the town's median household income, less than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Spring Grove is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Spring Grove pay a median of $978, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $770 · 4 bedrooms $1,810
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55974; La Crosse-Onalaska, WI-MN 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, February 2026. 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.