Spring Valley, MN
Full City Profile · Minnesota · Fillmore County County
3.7
/5.0
B+
Good
2,357
Population
796/sq mi density
$64,500
Median Income
$34,084 per capita
$149,100
Home Value
$246,308 Zillow
$861
Median Rent
31.2% income on rent
43°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$64,500 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$149,100 home value, $861/mo rent
C
Education
2.2 / 5.0
15.2% bachelor's degree or higher
Housing Overview
Median Home Value
$149,100
47% below
US avg: $281,900
Median Rent
$861/mo
26% below
US avg: $1,163/mo
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
1,121
Median year built: 1957
Home Value by Source
Census Median
$149,100
Zillow (ZHVI)
$246,308
Redfin Median Sale
$248,000
Median Sale Price
$248,000
Median List Price
$212,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.6%
Owner-Occupied
22.4%
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:
$861/mo
Market Indicators (Redfin)
Median Sale Price
$248,000
Median Days on Market
136 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$136
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
77.6%
Complete Housing Data
Home Values
| Census Median Value | $149,100 |
| Zillow Home Value (ZHVI) | $246,308 |
| Redfin Median Sale | $248,000 |
| Median Sale Price | $248,000 |
| Median List Price | $212,500 |
| Price Per Sq Ft | $136 |
Rent
| Census Median Rent | $861 |
| 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 | 136 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 20.0% |
| Homes Sold | 3 |
| Active Inventory | 5 |
| Price Per Sq Ft | $136 |
Ownership & Stock
| Owner-Occupied | 77.6% |
| Renter-Occupied | 22.4% |
| Homeownership Rate | 77.6% |
| Total Housing Units | 1,121 |
| Median Year Built | 1957 |
| Rent Burden | 31.2% |