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Spring Grove, MN Real Estate


According to census data in the year 2000 there were 615 housing units in Spring Grove. This represents a 6.2% growth from 579 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 615 were located in what is classified as a rural area.

Homeownership rate in Spring Grove is about 74.5%. Spring Grove's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Spring Grove were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom11.90%
Two Bedrooms32%
Three Bedrooms37.90%
Four Bedrooms13%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1951
Median Value of occupied units$56,800
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.52
Median year structure was built1962
Median Monthly Rent asked for vacant units$188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan3.70%
Simple Mortgage39.20%
Debt Free53.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%