House Prices

House Prices & Home Values Spring Park, MN 2026


Average Data

average house price$866,323
average size per house3341 ft²
average price per ft²260 $ / ft²

04/16/2026 - The value range (VR) for house prices in Spring Park, MN is $272/ sqft to $272/ sqft. An average home with 3341 sqft costs approximately $908,752 to $908,752. Spring Park, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55384, while the highest are in ZIP 55384. The average price per sqare feet is $260. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Spring Park

55384271 $ / ft²




Historical development of home values in Spring Park

Year Estimated value (USD) Change vs. 2025
2010 $402,336 -53.6%
2011 $386,778 -55.4%
2012 $385,736 -55.5%
2013 $400,154 -53.8%
2014 $420,052 -51.5%
2015 $441,610 -49.0%
2016 $464,656 -46.4%
2017 $489,736 -43.5%
2018 $516,811 -40.3%
2019 $540,775 -37.6%
2020 $568,730 -34.4%
2021 $646,869 -25.3%
2022 $754,104 -13.0%
2023 $795,238 -8.2%
2024 $841,244 -2.9%
2025 $866,323 0.0%

Graph: estimated home values in Spring Park over time (USD)



Example: 100% financing house in Spring Park

Loan amount: $866,323

Interest rate: 6.00%

Fixed monthly payment: $5,194.04

Breakdown in the 1st month:
Interest portion: $4,331.62  –  Principal portion: $862.43

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $51,689.98 $10,638.55 $855,684.45
2 $51,033.82 $11,294.71 $844,389.74
3 $50,337.19 $11,991.34 $832,398.40
4 $49,597.59 $12,730.94 $819,667.46
5 $48,812.37 $13,516.16 $806,151.30
6 $47,978.72 $14,349.81 $791,801.49
7 $47,093.66 $15,234.87 $776,566.62
8 $46,154.00 $16,174.53 $760,392.09
9 $45,156.39 $17,172.13 $743,219.96
10 $44,097.25 $18,231.27 $724,988.68
11 $42,972.79 $19,355.74 $705,632.94
12 $41,778.97 $20,549.56 $685,083.38
13 $40,511.52 $21,817.01 $663,266.37
14 $39,165.89 $23,162.64 $640,103.74
15 $37,737.27 $24,591.26 $615,512.48
16 $36,220.54 $26,107.99 $589,404.49
17 $34,610.25 $27,718.28 $561,686.21
18 $32,900.65 $29,427.88 $532,258.33
19 $31,085.60 $31,242.93 $501,015.41
20 $29,158.61 $33,169.92 $467,845.49
21 $27,112.76 $35,215.77 $432,629.72
22 $24,940.73 $37,387.80 $395,241.92
23 $22,634.73 $39,693.80 $355,548.12
24 $20,186.50 $42,142.02 $313,406.10
25 $17,587.28 $44,741.25 $268,664.84
26 $14,827.73 $47,500.80 $221,164.05
27 $11,897.99 $50,430.54 $170,733.51
28 $8,787.54 $53,540.99 $117,192.52
29 $5,485.25 $56,843.28 $60,349.25
30 $1,979.28 $60,349.25 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Spring Park, MN


1500 sqft3900 sqft
Ø selling price$471,901$1,003,861
Ø fast selling$429,001$903,475
Ø high price sale$514,801$1,104,246

In 2026, houses in Spring Park, MN will be offered at an average price of $260 per square foot. A 1,500 sqft home priced at $471,901 is 22.84% more expensive per square foot than a 3,900 sqft home priced at $1,003,861. Home prices in Spring Park, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $694,980. Sellers who can wait longer may achieve a higher price of up to $849,421.


Explore Spring Park, MN

Location & Lifestyle

Discover the lakeside charm of Spring Park, MN, a small city nestled on the shores of Lake Minnetonka in Hennepin County.
Residents enjoy an easy commute to the Twin Cities while savoring a relaxed, resort?style lifestyle.

Outdoor Recreation

Outdoor lovers flock to Spring Park for boating, paddling, and fishing from well-equipped marinas and public launches.
The Dakota Rail Regional Trail offers scenic biking and walking with sweeping lake views and convenient access to nearby communities.

Dining & Local Businesses

After a day on the water, waterfront restaurants and cozy cafes serve classic Minnesota fare and lake?view patios.
Locally owned shops and services make daily errands simple, and seasonal events foster a friendly, small?town vibe.

Housing & Community

Real estate in Spring Park, Minnesota ranges from modern condos to single?family homes, many with coveted lake access.
Neighborhood parks, quality schools, and essential amenities support a balanced, year?round lifestyle.

Visitor Tips

Visitors should plan summer and early fall trips for peak boating and dining, and check marina availability in advance.
Parking is generally straightforward, but popular launches fill quickly on weekends, so arrive early and recreate responsibly.



FAQ – Home Values in Spring Park

What is the median home value in Spring Park in 2026?

In 2026, the typical home value in Spring Park is about $866,323 for an average home size of 3341 square feet. This corresponds to an average price of roughly $260 per square foot.

What is the average cost per square foot in Spring Park?

In 2026, homes in Spring Park sell for an average of around $260 per square foot, with a typical range between $272 and $272 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Spring Park is about 3341 square feet, with an estimated 2026 value around $866,323.



Locations close to Spring Park, MN

Stewart, MN104 $ / ft²
Victoria, MN168 $ / ft²
Waconia, MN225 $ / ft²
South Haven, MN155 $ / ft²
Silver Lake, MN173 $ / ft²
Shakopee, MN174 $ / ft²
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