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Spring Lake, MI Housing

 
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As of 2010-2014, median price of a house in Spring Lake is $127,500, which is higher than the state average of $120,200 and is lower than the national average of $175,700. The Spring Lake median house value has grown by 19.38% since 2000. The growth rate for the price of a house in Spring Lake is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Spring Lake was built is 1956, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 905 Owner Occupied Houses in Spring Lake, MI, #154
Spring Lake, MI
127,500 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #172
Spring Lake, MI
19.38%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Spring Lake, MIMichiganU.S.
Total Housing Units1,374, see rank, 100%4,532,719132,741,033
Occupied Housing Units1,094, 79.62%, see rank84.45%87.55%
Owner Occupied905, 65.87%, see rank60.41%56.34%
Renter Occupied189, 13.76%, see rank24.04%31.21%
Vacant Housing Units280, 20.38%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only43, 3.13%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use135, 9.83%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant102, 7.42%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #465
Spring Lake, MIMichiganU.S.
195619691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Spring Lake, MI%MichiganU.S.
Owner-Occupied Units905100%2,738,01274,787,460
With a Mortgage57062.98%, see rank63.63%65.58%
Without a Mortgage33537.02%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Spring Lake, MI
1,119 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSpring Lake, MI%MichiganU.S.
$299 or Less50.88%, see rank0.19%0.20%
$300 to $499193.33%, see rank1.88%1.59%
$500 to $699111.93%, see rank6.65%5.01%
$700 to $99917230.18%, see rank19.56%14.32%
$1,000 to $1,49923641.40%, see rank34.69%27.90%
$1,500 to $1,9996711.75%, see rank20.06%20.35%
$2,000 to $2,999498.60%, see rank12.84%19.52%
$3,000 or More111.93%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spring Lake, MI
20.90% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Spring Lake, MI%MichiganU.S.
10% or Less468.07%, see rank5.90%5.86%
10% to 20%22539.47%, see rank35.28%31.95%
20% to 30%13523.68%, see rank27.51%27.64%
30% to 40%6811.93%, see rank12.63%13.74%
40% or More9115.96%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Spring Lake, MI
503 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSpring Lake, MI%MichiganU.S.
$199 or Less92.69%, see rank4.74%7.76%
$200 to $299257.46%, see rank12.46%14.70%
$300 to $49913239.40%, see rank40.41%34.63%
$500 to $6998826.27%, see rank25.95%21.16%
$700 or More8124.18%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spring Lake, MI
13.40% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Spring Lake, MI%MichiganU.S.
10% or Less10932.54%, see rank35.33%40.19%
10% to 20%11534.33%, see rank33.76%31.47%
20% to 30%5215.52%, see rank13.39%12.24%
30% to 40%298.66%, see rank6.18%5.64%
40% or More267.76%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Spring Lake, MIMichiganU.S.
Total Housing Units1,374, 100%4,532,719132,741,033
1-unit, Detached1,017, 74.02%, see rank71.97%61.65%
1-unit, Attached101, 7.35%, see rank4.66%5.82%
2 Units49, 3.57%, see rank2.58%3.75%
3 or 4 Units54, 3.93%, see rank2.56%4.43%
5 to 9 Units19, 1.38%, see rank4.20%4.78%
10 or More Units134, 9.75%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Spring Lake, MIMichiganU.S.
Total Housing Units1,374, 100%4,532,719132,741,033
1 Room5, 0.36%, see rank1.24%1.95%
2 Rooms0, 0.00%, see rank1.78%2.48%
3 Rooms92, 6.70%, see rank7.14%9.13%
4 Rooms248, 18.05%, see rank14.38%16.60%
5 Rooms332, 24.16%, see rank21.00%20.41%
6 Rooms254, 18.49%, see rank20.07%18.06%
7 Rooms184, 13.39%, see rank13.45%12.27%
8 Rooms86, 6.26%, see rank9.27%8.48%
9 Rooms or More173, 12.59%, see rank11.67%10.60%
Median Rooms5.50, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Spring Lake, MIMichiganU.S.
Total Housing Units1,374, 100%4,532,719132,741,033
No Bedroom8, 0.58%, see rank1.35%2.17%
1 Bedroom126, 9.17%, see rank9.11%11.16%
2 Bedrooms444, 32.31%, see rank26.33%26.69%
3 Bedrooms587, 42.72%, see rank43.93%39.70%
4 Bedrooms161, 11.72%, see rank15.80%16.05%
5 or More Bedrooms48, 3.49%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Spring Lake, MIMichiganU.S.
Total Housing Units1,094, 100%3,827,880116,211,092
Utility Gas1,004, 91.77%, see rank77.13%48.85%
Bottled, Tank, or LP Gas9, 0.82%, see rank8.48%4.86%
Electricity81, 7.40%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.86%0.47%
No Fuel Used0, 0.00%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSpring Lake, MIMichiganU.S.
Occupied Units Paying Rent185, 100%1,028,83539,201,928
$199 or Less4, 2.16%, see rank1.86%1.50%
$200 to $29920, 10.81%, see rank3.88%3.18%
$300 to $49923, 12.43%, see rank9.32%7.37%
$500 to $69950, 27.03%, see rank23.63%16.01%
$700 to $99971, 38.38%, see rank35.23%29.17%
$1,000 to $1,49917, 9.19%, see rank20.17%26.88%
$1,500 to $1,9990, 0.00%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$691, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Spring Lake, MIMichiganU.S.
Occupied Housing Units1,094, 100%3,827,880116,211,092
No Vehicles Available54, 4.94%, see rank7.97%9.12%
1 Vehicles Available358, 32.72%, see rank35.06%33.80%
2 Vehicles Available517, 47.26%, see rank38.45%37.48%
3 or More Vehicles Available165, 15.08%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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