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Lynn Somers
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Spring Lake

Spring Lake Market Report

$469,579

AVERAGE PRICE OF 143 HOMES

$158,700

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,741,255

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$371,917

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$534,060

AVERAGE PRICE OF 15 HOMES WITH A POOL

$270,600

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $469,579
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $95,000
2 bedrooms $313,031
3 bedrooms $368,898
4 bedrooms $479,315
5 bedrooms $1,415,088
Spring Lake Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 158 169 172 159 143
Average Price $516,876 $532,870 $522,230 $511,915 $519,985
Avg Price Change -3.09% +2.04% +2.01% -1.58% -0.21%
Median Price $345,385 $342,958 $324,450 $318,085 $330,800
Med Price Change +0.71% +5.70% +2.00% -4.00% +1.55%
Avg Bedrooms 3.42 beds 3.41 beds 3.39 beds 3.24 beds 3.23 beds
Avg Bathrooms 2.84 baths 2.83 baths 2.85 baths 2.77 baths 2.74 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 143 $469,579 88 days
Distressed Homes 4 $158,700 75 days
Multi-Million Dollar Homes 11 $1,741,255 140 days
Newly Built Homes 17 $371,917 99 days
Homes with a Pool 15 $534,060 66 days
Reduced Price Homes 6 $270,600 86 days