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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.60% |
| One Bedroom | 42.30% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 9.30% |
| Four Bedrooms | 3.50% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $194,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.47 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $632 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 17.20% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 62.80% |
| Debt Free | 9.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
