Housing in Spring Lake, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$275,000

Median List Price

$509,000

Price Per Sq Ft

$182

Days on Market

44

Active Inventory

25

Months of Supply

6.3

Buyer's market

Zillow Home Value

$408,167

ZHVI — January 2026

Zillow Rent Index

$1,841

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 10.7%List Price ↑ 34.3%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

98.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
16.0%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

7

Pending Sales

3

Homes Sold ↓ 55.6%New Listings ↓ 12.5%Pending ↓ 25.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$182

Median List $/SF

$199

Sale $/SF ↓ 23.8%List $/SF ↓ 24.6%Mar 24 → Jan 26

Spring Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Spring Lake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$271,100

Median Rent

$947

Total Housing Units

1,415

Vacancy Rate

10.1%

Owner Occupied

88.0%

Renter Occupied

11.9%

Median Property Tax

$3,548

per year

Monthly Cost (w/ Mortgage)

$1,290

Housing Types

Single Family
82.5%
Multi-Family
17.5%
Mobile Home
0.0%

The current median sale price in Spring Lake, MI is $275,000 according to Redfin data. Homes spend a median of 44 days on the market. 0.0% of homes sold above asking price. The market has 6.3 months of supply. The median price per square foot is $182. Zillow's observed rent index is $1,841/month. About 88.0% of housing units are owner-occupied. The median year homes were built is 1958. There are 1,415 total housing units.