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Featured local agent — Spring Lake, IN
Sarah Mitchell
Compass Real Estate · Spring Lake, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Lake, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$336,000median sale price
How is the Spring Lake, IN housing market right now?
The median home sale price in Spring Lake, IN is $336,000, up 92.0% year-over-year. Homes sell in an average of 74 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of July 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spring Lake a buyer's or seller's market?
Spring Lake, IN is currently a leaning buyer's and homes selling in about 74 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
74
Average pace
Active listings
—
Sale-to-list
98.9%
Below asking
What does the Spring Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $336,000 |
| Year-over-year price change | +92.0% |
| Average days on market | 74 days |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $220/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Spring Lake by property type?
How the Spring Lake, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $336,000 | $220/sq ft | 2 | 74 days |
Source: Redfin · Updated monthly
The Spring Lake housing market is currently classified as a leaning buyer's with a median sale price of $336,000. Prices have risen 92.0% compared to last year, with homes spending an average of 74 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Spring Lake
Explore homes currently listed for sale in Spring Lake, Indiana across major real estate platforms.
Who lives in Spring Lake?
Population
215
Median income
$59,583/yr
Median age
64.1 years
Owner-occupied
95.0%
College grads
14.1%
Avg commute
27.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Spring Lake?
Zillow home value
$249,514
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Spring Lake?
Spring Lake is a community of approximately 0K residents with a median age of 64.1 years.The median household income is $59,583, which represents a working-class community with solid middle-income opportunities. 14.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 95.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spring Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Spring Lake, IN?
Want a head-to-head view? Compare Spring Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spring Lake?
The median home sale price in Spring Lake is $336,000, up 92.0% from last year.
How long do homes stay on market in Spring Lake?
Homes typically spend 74 days on market before going under contract.
What is the median income in Spring Lake?
The median household income is $59,583 per year.
What is the Zillow home value estimate for Spring Lake?
The Zillow Home Value Index (ZHVI) for Spring Lake is $249,514, representing the typical home value in the area.
How much does a single-family home cost in Spring Lake?
The median single-family home price in Spring Lake, IN is $336,000 (about $220 per square foot).
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