Spring Park, MN

Buyer's market-41.5% YoY

Housing market overview · Updated weekly

$327,500median sale price

Homes sold

2

Last 12 weeks

Days on market

165

Average pace

Active listings

12

6.0 months supply

Sale-to-list

94.6%

Below asking

The Spring Park housing market is currently classified as a buyer's market with a median sale price of $327,500. Prices have fallen 41.5% compared to last year, with homes spending an average of 165 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Spring Park

There are currently 12 homes listed for sale in Spring Park, Minnesota. The median listing price is $275K.

Active listings

12

Homes on market

Median list price

$275K

Avg. days on market

165

Days until sale

New this week

1

Newly listed

Sale-to-list:94.6%

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Frequently asked questions

What is the average home price in Spring Park?

The median home sale price in Spring Park is $327,500, down 41.5% from last year.

How long do homes stay on market in Spring Park?

Homes typically spend 165 days on market before going under contract.

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

With 6.0 months of supply, Spring Park is currently a buyer's market.

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