The median home in Spring Park, Minnesota is valued at $555,758, up 9.5% year over year. Typical monthly rent is $2,521, producing a price-to-rent ratio of 18.4x — near the national average of 18x. Spring Park is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$555,758

+9.5%

Rent$2,521/mo

AFFORDABILITY

Enter your income for Spring Park.

Income (annual)

Down Payment

$111,152 on $555,758

Out of reach — 55.7% of income

Need $149,100/yr to afford.

PITI$3,479

P/I55.7%

Afford$280K

Gap-$276K

P&I $2,810Tax $519Ins $150

Renting $958/mo cheaper ($2,521 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Spring Park with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

SPRING PARK, MN