Spring Lake, MI

Balanced market-13.9% YoY

Housing market overview · Updated weekly

$287,000median sale price

Homes sold

1

Last 12 weeks

Days on market

4

Fast-moving

Active listings

18

18.0 months supply

Sale-to-list

104.4%

Above asking

The Spring Lake housing market is currently classified as a balanced market with a median sale price of $287,000. Prices have fallen 13.9% compared to last year, with homes spending an average of 4 days on market, indicating 18.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Spring Lake

There are currently 18 homes listed for sale in Spring Lake, Michigan. The median listing price is $405K.

Active listings

18

Homes on market

Median list price

$405K

Avg. days on market

4

Days until sale

New this week

2

Newly listed

Price drops:33.3%of listings
Sale-to-list:104.4%

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Frequently asked questions

What is the average home price in Spring Lake?

The median home sale price in Spring Lake is $287,000, down 13.9% from last year.

How long do homes stay on market in Spring Lake?

Homes typically spend 4 days on market before going under contract.

Is Spring Lake a buyer's or seller's market?

With 18.0 months of supply, Spring Lake is currently a balanced market.

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