Spring Park, MN
Full City Profile · Minnesota · Carver County County
2.2
/5.0
C
Fair
1,869
Population
5,340/sq mi density
$46,860
Median Income
$57,190 per capita
$598,400
Home Value
$561,717 Zillow
$1,223
Median Rent
33.6% income on rent
45°F
Avg Temperature
270 sunny days/yr
23
Violent Crime/100K
864 property/100K
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$46,860 median income, 3.9% unemployment
F
Affordability
1.0 / 5.0
$598,400 home value, $1,223/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
B
Education
3.5 / 5.0
30.7% bachelor's degree or higher
Housing Overview
Median Home Value
$598,400
112% above
US avg: $281,900
Median Rent
$1,223/mo
5% above
US avg: $1,163/mo
Homeownership Rate
22.3%
66% below US avg (65.4%)
Total Housing Units
1,296
Median year built: 1978
Home Value by Source
Census Median
$598,400
Zillow (ZHVI)
$561,717
Median Sale Price
$327,500
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
22.3%
Owner-Occupied
77.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,223/mo
Market Indicators (Redfin)
Median Days on Market
165 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$274
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
33.6%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
22.3%
Complete Housing Data
Home Values
| Census Median Value | $598,400 |
| Zillow Home Value (ZHVI) | $561,717 |
| Median Sale Price | $327,500 |
| Median List Price | $275,000 |
| Price Per Sq Ft | $274 |
Rent
| Census Median Rent | $1,223 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 165 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 12 |
| Price Per Sq Ft | $274 |
Ownership & Stock
| Owner-Occupied | 22.3% |
| Renter-Occupied | 77.7% |
| Homeownership Rate | 22.3% |
| Total Housing Units | 1,296 |
| Median Year Built | 1978 |
| Rent Burden | 33.6% |
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