Zip 56680 (Spring Lake, MN) Housing

The housing market in Spring Lake, MN (zip code 56680) is showing positive signs of growth. The median value of homes in the area is $232,100, which is significantly lower than the US house median value of $338,100. Despite this, appreciation rates for homes in Spring Lake have been higher than national averages. In the past year alone home values appreciated by 15.27%, much higher than the US rate of 8.27%. This indicates thatSpring Lake is a good location to invest in when it comes to real estate.

The median home cost in Spring Lake (zip 56680) is $232,100. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Spring Lake (zip 56680) is up 19.7%.

Average Age of Homes

- The median age of Spring Lake (zip 56680) real estate is 33 years old

The Rental Market in Spring Lake (zip 56680)

- Renters make up 0.6% of the Spring Lake (zip 56680) population
- 0.0% of houses and apartments in Spring Lake (zip 56680), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spring Lake, Minnesota	United States
	145.0	139,647,020.0
	38	42
	$232,100	$338,100
	19.7%	16.6%
	58.3%	57.0%
	68.4%	101.1%
	$8.51	$10.98
	$1,500	$2,690
	34.5%	57.4%
	62.8%	11.2%
	2.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	62.1%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	4.0%	2.4%
	6.0%	2.8%
	8.0%	3.9%
	14.0%	4.5%
	16.0%	11.3%
	14.0%	13.0%
	24.0%	20.1%
	4.0%	13.6%
	6.0%	8.3%
	2.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	14.5%	13.6%
	22.8%	13.2%
	15.2%	14.8%
	14.5%	13.6%
	4.8%	10.0%
	5.5%	4.7%
	10.3%	12.2%

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