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Foreclosure Homes in Spring Grove, MN

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Spring Grove, MN Foreclosures

Current Market Conditions in in Spring Grove, MN As of March 2026?
In the past month, Spring Grove has seen a slight uptick in home sales, with several properties being purchased quickly due to low inventory levels. The average time on the market has decreased, indicating that buyers are eager to invest in the area. This trend points to a competitive market as more listings sell at asking prices or above, which is encouraging for sellers.
How much do homes sell for in Spring Grove, MN?
The average home price is currently $337,242.
In Spring Grove, MN, how many homes are available?
There are currently 1 active home listings available in Spring Grove.
What’s the average rental cost in Spring Grove, MN?
The average rental price in Spring Grove is $1,342.
What is the most expensive home in Spring Grove?
The most expensive home sold in Spring Grove had a price of $2,000,147.
What is currently the cheapest priced home in Spring Grove, MN?
The cheapest home for sale in Spring Grove is priced at $15,648.

Living in Spring Grove, MN

Spring Grove is a charming small town in southeastern Minnesota renowned for its picturesque landscapes and friendly community atmosphere. With a strong emphasis on outdoor activities, families can enjoy numerous parks and recreational opportunities. The town boasts a rich German heritage, evident in its local festivals and cultural events, creating a vibrant community spirit.

Buyer vs Seller Market in Spring Grove, MN

The real estate market in Spring Grove is currently experiencing a steady demand, with an increase in interest from families and individuals looking for a quieter lifestyle away from the hustle and bustle of larger cities. The average home price has seen a modest increase, indicating a healthy market.

Spring Grove has attractive opportunities for homebuyers as the community grows. More newcomers are exploring the area due to its affordability, which is noticeable in the steady increase in home sales. Many homes on the market are well-kept family residences that reflect the town’s character.

Home Value Estimator For Spring Grove, MN

There are currently 967 real estate properties in Spring Grove, MN, with a median automated valuation model (AVM) price of $229,457.00. 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 Grove, 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 Grove, MN, is $337,242.00, with the most expensive house in Spring Grove, MN, topping out at $2,000,147.00 and the cheapest home in Spring Grove, MN, clocking in at $15,648.00. In other words, there’s something for every potential homebuyer or savvy investor in Spring Grove, MN!

Rent Prices In Spring Grove, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spring Grove, MN, is on a rollercoaster ride. The average rent price in Spring Grove, MN, is $1,342.00. Indeed, when looking to rent in Spring Grove, MN, you can expect to pay as little as $490.00 or as much as $2,860.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Spring Grove, 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.

Spring Grove, MN Foreclosures

Market Trend for Spring Grove, MN

Total Listings Available: 1

Market Values:

Home Prices from $15,648 to $2,000,147

Average Sales Price: $337,242

Rental Values:

Rental from $490 to $2,860

Average Rent Value: $1,342 / month

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