The Spring Lake housing market is somewhat competitive. The median sale price of a home in Spring Lake was $151K last month, up 0.7% since last year. The median sale price per square foot in Spring Lake is $119, up 30.8% since last year.
What is the housing market like in Spring Lake today?
In March 2024, Spring Lake home prices were up 0.7% compared to last year, selling for a median price of $151K. On average, homes in Spring Lake sell after 75 days on the market compared to 61 days last year. There were 17 homes sold in March this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$151,000
+0.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Spring Lake, AL
$151,000
+0.7%
United States
To compare other locations to the Spring Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Birmingham add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Spring Lake housing market?
Spring Lake is somewhat competitive. Homes sell in 73 days.
0
100
45
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 73 days.
Hot homes
can sell for about 4% above list price and go pending in around 47 days.
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spring Lake.
Risk Factor
Flood Factor - Major
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spring Lake has a major risk of flooding. 421 properties in Spring Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Spring Lake. Flood risk is increasing slower than the national average.
81% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spring Lake has a moderate risk of wildfire. There are 1,922 properties in Spring Lake that have some risk of being affected by wildfire over the next 30 years. This represents 81% of all properties in Spring Lake.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Spring Lake has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Spring Lake is most at risk from hurricanes. 2,360 properties in Spring Lake have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.