Spring Park, MN Real Estate

According to census data in the year 2000 there were 981 housing units in Spring Park. This represents a 4.7% growth from 937 in 1990.

Of those housing units, 981 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Spring Park is about 26.7%. Spring Park's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 1.62 people.

The majority of houses, apartments or condos in Spring Park were built after 1971.


Housing Size

Housing Units by Size
Studio Type7.60%
One Bedroom42.30%
Two Bedrooms36.90%
Three Bedrooms9.30%
Four Bedrooms3.50%
Five Bedrooms or more0.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1957
Median Value of occupied units$194,200

Rented Homes, Apartments and Condos

Average Household Size1.47
Median year structure was built1972
Median Monthly Rent asked for vacant units$632

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage17.20%
Home Equity Loan10.20%
Simple Mortgage62.80%
Debt Free9.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.9%