Spring Lake Park Housing Market Report May 2025•Anoka County, Minnesota

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Housing Prices in Spring Lake Park, MN

How much do homes in Spring Lake Park, MN cost?

Housing Market Conditions

Is Spring Lake Park, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Spring Lake Park is a Seller's Market

Difference Since May 2024

Since last year, Spring Lake Park has remained a Seller's Market.

Insight

Spring Lake Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$310,000$187/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Spring Lake Park has remained the same since last year.

Summary: The median home sold price in Spring Lake Park was $310,000 in May 2025, the same as last year, and the median price per square foot was $187.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Mounds View
+4.5%
Fridley
+1.3%
Blaine
0.3%
Spring Lake Park
0.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$218K-
N/A
2$252K$272.8K
+8.3%
3$299.9K$305K
+1.7%
4$329.5K$340K
+3.2%
5$405K$385K
-4.9%

Summary: Spring Lake Park housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +8.3%. The home price for 3 bedroom homes increased by +1.7%. The home price for 4 bedroom homes increased by +3.2%. The home price for 5 bedroom homes decreased by -4.9%.

How does Spring Lake Park, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Spring Lake Park, MN

Housing supply in Spring Lake Park, MN

How many homes are available in Spring Lake Park, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthMay 2025
102 months agoApr 2025
-10.0 %
Change MoMApr – May

Summary: The Spring Lake Park real estate market had 9 homes for sale in May 2025, a 10.0 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthMay 2025
72 months agoApr 2025
-42.9 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
232
-33.3%
344
0.0%
412
+100.0%
521
-50.0%

Summary: Spring Lake Park housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Spring Lake Park, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Spring Lake Park, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Spring Lake Park in May 2025, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and and 75% were sold over asking.

Days on Market for Spring Lake Park, MN

How long does it take to sell a home in Spring Lake Park, MN?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Spring Lake Park are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 4 homes were sold in Spring Lake Park; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
16 DaysThis YearMay 2025
5 Days1 year agoMay 2024
+207.4 %
Change YoYMay 2024 – May 2025

Summary: Homes in Spring Lake Park had an average listing age of 16 days in May 2025, up by 207.4% compared to the previous year.

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Newest Listings in Spring Lake Park, MN

What homes are available in Spring Lake Park, MN?

New listings aren’t available for Spring Lake Park, MN

Nearby markets

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