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Spring Valley, MN

Full City Profile · Minnesota · Fillmore County County

3.1 /5.0
B Good
2,357 Population 796/sq mi density
$64,500 Median Income $34,084 per capita
$149,100 Home Value $236,963 Zillow
$861 Median Rent 31.2% income on rent
45°F Avg Temperature 260 sunny days/yr
184 Violent Crime/100K 1,990 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$64,500 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$149,100 home value, $861/mo rent
F
Safety
1.0 / 5.0
184 violent crimes/100K
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)
$236,963
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
78%
22%
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 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)$236,963
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 Market136
Sale-to-List Ratio0.9%
Price Drops20.0%
Homes Sold3
Active Inventory5
Price Per Sq Ft$136

Ownership & Stock

Owner-Occupied77.6%
Renter-Occupied22.4%
Homeownership Rate77.6%
Total Housing Units1,121
Median Year Built1957
Rent Burden31.2%