The Spring Lake Park housing market is very competitive. The median sale price of a home in Spring Lake Park was $325K last month, down 1.5% since last year. The median sale price per square foot in Spring Lake Park is $158, down 19.0% since last year.
What is the housing market like in Spring Lake Park today?
In May 2025, Spring Lake Park home prices were down 1.5% compared to last year, selling for a median price of $325K. On average, homes in Spring Lake Park sell after 18 days on the market compared to 8 days last year. There were 4 homes sold in May this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$325,000
-1.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Spring Lake Park, MN
$325,000
-1.5%
United States
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How hot is the Spring Lake Park housing market?
Spring Lake Park is very competitive. Homes sell in 16.5 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 17 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Spring Lake Park, MN
105.5%
+3.4 pt
United States
Spring Lake Park Migration & Relocation Trends
In Feb '25 - Apr '25, 22% of Spring Lake Park homebuyers searched to move out of Spring Lake Park, while 78% looked to stay within the metropolitan area.
Where are people moving to Spring Lake Park from?
Across the nation, 0.77% of homebuyers searched to move into Spring Lake Park from outside metros.
Albuquerque homebuyers searched to move into Spring Lake Park more than any other metro followed by Miami and New York.
Where are people from Spring Lake Park moving to?
78% of Spring Lake Park homebuyers searched to stay within the Spring Lake Park metropolitan area.
Brainerd was the most popular destination among Spring Lake Park homebuyers followed by Cape Coral and Duluth.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in Spring Lake Park that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Spring Lake Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spring Lake Park.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spring Lake Park has a minor risk of flooding. 11 properties in Spring Lake Park are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Spring Lake Park. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spring Lake Park has a minor risk of wildfire. There are 6 properties in Spring Lake Park that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Spring Lake Park.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Spring Lake Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Spring Lake Park is most at risk from severe storms. 2,461 properties in Spring Lake Park have some risk of being in a severe wind event within the next 30 years.
98% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Spring Lake Park has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Spring Lake Park have a Minor Heat Factor®.
Spring Lake Park is expected to see a 114% increase in the number of days over 100ºF over the next 30 years. Spring Lake Park is expected to experience 8