Housing · Spring Park

Spring Park, MN housing market

The typical Spring Park home is worth about $585,000, up 6% in a year, 67% above the Minnesota typical home. Homes typically sell in 95 days, below asking.

Home values, sales, trends and how Spring Park compares with the towns next door — updated as new data is published.

The market right now

Spring Park at a glance

Typical home value
$585K
▲ 6% in a year · Zillow
Median sale price
$1.1M
May 2026 · Redfin
Days on market
95
Minnesota: 25 days
Sale-to-list
95.2%
Homes sell below asking
Homes sold
5
in May · 14 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

Spring ParkMinnesota
$200K$250K$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 Spring Park $585K Minnesota $351K
Show as a table
JanuarySpring ParkMinnesota
2017$359,000$217,000
2018$395,000$232,000
2019$415,000$246,000
2020$423,000$259,000
2021$442,000$282,000
2022$520,000$313,000
2023$488,000$325,000
2024$508,000$331,000
2025$530,000$341,000
2026$580,000$349,000
August 2026$585,000$351,000
Nearby

Spring Park and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Spring Park $585K +6% 95 $48,315
Mound $382K +1.4% 55 $86,675
Orono $1.15M +6.5% 30 $173,527
Affordability

12.1 years of income

The typical Spring Park home costs about 12.1 years of the town's median household income, more than across Minnesota (3.9 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
24.9%
Minnesota: 72.2%
Median tax bill
$5,484
Minnesota: $3,357
Median rent
$1,241
Minnesota: $1,280
Typical home built
1979
Minnesota: 1979

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Spring Park

Minnesota · MN
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01