Housing in Spring Grove, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$257,000

Median List Price

$159,900

Price Per Sq Ft

$152

Days on Market

19

Active Inventory

1

Months of Supply

0.3

Seller's market

Zillow Home Value

$251,546

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 35.3%List Price 28.0%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
100.0%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

4

Pending Sales

4

Homes Sold 200.0%New Listings 100.0%Pending 20.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$152

Median List $/SF

$136

Sale $/SF 55.1%List $/SF 23.6%Apr 24Jan 26

Spring Grove vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Spring Grove 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

$148,200

Median Rent

$1,074

Total Housing Units

661

Vacancy Rate

14.2%

Owner Occupied

68.1%

Renter Occupied

31.9%

Median Property Tax

$1,816

per year

Monthly Cost (w/ Mortgage)

$793

Housing Types

Single Family
79.3%
Multi-Family
19.7%
Mobile Home
1.1%

The current median sale price in Spring Grove, MN is $257,000 according to Redfin data. Homes spend a median of 19 days on the market. 33.3% of homes sold above asking price. The market has 0.3 months of supply. The median price per square foot is $152. The median rent is $1,074 per month (Census ACS). About 68.1% of housing units are owner-occupied. The median year homes were built is 1955. There are 661 total housing units.