Spring Park, MN Foreclosures
How much do homes sell for in Spring Park, MN?
The average home price is currently $778,692.
In Spring Park, MN, how many homes are available?
There are currently 1 active home listings available in Spring Park.
What’s the average rental cost in Spring Park, MN?
The average rental price in Spring Park is $2,161.
What is the most expensive home in Spring Park?
The most expensive home sold in Spring Park had a price of $2,519,669.
What is currently the cheapest priced home in Spring Park, MN?
The cheapest home for sale in Spring Park is priced at $127,920.
Living in Spring Park, MN
Spring Park is a delightful lakeside community in Hennepin County, Minnesota, known for its scenic views and access to water-based activities. The area offers a relaxed lifestyle with various amenities and outdoor recreation opportunities. It's a sought-after destination for families looking for a close-knit community atmosphere.
Current Market Conditions in Spring Park, MN
The real estate market in Spring Park is currently showing signs of stability, with a steady demand for homes, particularly those near the waterfront. The charming lakeside setting continues to attract buyers who value outdoor living and community spirit, keeping the market competitive despite limited inventory.
This year, there has been a noticeable interest from buyers looking for vacation homes in addition to year-round residences, driving up the prices and the average time homes are on the market. Overall, the appeal of Spring Park's environment makes it a consistent choice for homebuyers.
Home Value Estimator For Spring Park, MN
There are currently 385 real estate properties
in Spring Park, MN,
with a median automated valuation model (AVM) price
of $673,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spring Park, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Spring Park, MN,
is $778,692.00, with the most expensive house
in Spring Park, MN, topping out
at $2,519,669.00 and the cheapest home
in Spring Park, MN,
clocking in at $127,920.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spring Park, MN!
Rent Prices
In Spring Park, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spring Park, MN, is on
a rollercoaster ride. The
average rent price in Spring Park, MN,
is $2,161.00. Indeed, when looking to rent in
Spring Park, MN, you can expect to pay as little
as $900.00 or as much
as $4,180.00,
with the average rent median estimated to
be $2,010.00. The good news is that finding
an affordable and desirable property to rent in Spring Park, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
