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Spring Valley, MN Housing

 
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As of 2008-2012, median price of a house in Spring Valley is $108,400, which is much lower than the state average of $194,300 and is much lower than the national average of $181,400. The Spring Valley median house value has grown by 42.26% since 2000. The growth rate for the price of a house in Spring Valley is lower than the state average rate of 58.74% and is lower than the national average rate of 51.67%. The median year that a house in Spring Valley was built is 1957, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1975.

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 783 Owner Occupied Houses in Spring Valley, MN, #439
Spring Valley, MN
108,400 USD
Minnesota
194,300 USD
U.S.
181,400 USD
Median House Price Growth Since 2000, #686
Spring Valley, MN
42.26%
Minnesota
58.74%
U.S.
51.67%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2008-2012 data. View historical house value data.

Housing Occupancy

 Spring Valley, MN%MinnesotaU.S.
Total Housing Units1,172, see rank100%2,347,201131,704,730
Occupied Housing Units1,07491.64%, see rank88.92%88.62%
Owner Occupied78667.06%, see rank64.92%57.69%
Renter Occupied28824.57%, see rank24.00%30.93%
Vacant Housing Units988.36%, see rank11.08%11.38%
For Rent312.65%, see rank2.05%3.14%
For Sale Only231.96%, see rank1.31%1.44%
Rented or Sold, Not Occupied30.26%, see rank0.40%0.48%
For Seasonal, Recreational, or Occasional Use20.17%, see rank5.56%3.53%
For Migrant Workers00.00%, see rank0.01%0.02%
Other Vacant393.33%, see rank1.74%2.77%

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

Year Structure Built

Median Built Year, #609
Spring Valley, MNMinnesotaU.S.
195719741975

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

*Based on 2008-2012 data. View historical year structure built data.

Mortgage Status

 Spring Valley, MN%MinnesotaU.S.
Owner-Occupied Units783100%1,534,71975,484,661
With a Mortgage53167.82%, see rank70.29%67.13%
Without a Mortgage25232.18%, see rank29.71%32.87%

*Based on 2008-2012 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Spring Valley, MN
1,098 USD
Minnesota
1,571 USD
U.S.
1,559 USD

Owner Costs Distribution
Monthly Owner CostsSpring Valley, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.15%0.18%
$300 to $49950.94%, see rank1.35%1.59%
$500 to $699468.66%, see rank3.93%4.89%
$700 to $99916030.13%, see rank11.55%13.71%
$1,000 to $1,49918334.46%, see rank28.98%26.97%
$1,500 to $1,9999417.70%, see rank25.69%20.33%
$2,000 to $2,999438.10%, see rank20.87%20.10%
$3,000 or More00.00%, see rank7.48%12.24%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spring Valley, MN
22.60% of the Total Income
Minnesota
23.70% of the Total Income
U.S.
24.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Spring Valley, MN%MinnesotaU.S.
10% or Less132.45%, see rank5.07%5.04%
10% to 20%16631.26%, see rank31.51%29.70%
20% to 30%22342.00%, see rank31.12%28.18%
30% to 40%539.98%, see rank14.59%14.80%
40% or More7614.31%, see rank17.44%21.80%

*Based on 2008-2012 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 Valley, MN
389 USD
Minnesota
463 USD
U.S.
449 USD

Owner Costs Distribution
Monthly Owner CostsSpring Valley, MN%MinnesotaU.S.
$199 or Less00.00%, see rank4.60%7.99%
$200 to $2994618.25%, see rank11.75%15.31%
$300 to $49912750.40%, see rank41.75%35.02%
$500 to $6996626.19%, see rank26.50%20.88%
$700 or More135.16%, see rank15.40%20.80%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spring Valley, MN
13.30% of the Total Income
Minnesota
11.90% of the Total Income
U.S.
12.60% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Spring Valley, MN%MinnesotaU.S.
10% or Less8332.94%, see rank41.87%39.10%
10% to 20%8232.54%, see rank32.17%31.88%
20% to 30%4919.44%, see rank11.83%12.59%
30% to 40%3815.08%, see rank5.25%5.84%
40% or More00.00%, see rank8.18%9.41%

*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Spring Valley, MN%MinnesotaU.S.
Total Housing Units1,185100%2,347,928131,642,457
1-unit, Detached82969.96%, see rank67.39%61.70%
1-unit, Attached554.64%, see rank7.37%5.79%
2 Units847.09%, see rank2.37%3.80%
3 or 4 Units494.14%, see rank2.10%4.44%
5 to 9 Units121.01%, see rank2.20%4.78%
10 or More Units1038.69%, see rank14.95%12.89%
Mobile Home, Boat, RV, Van, etc.534.47%, see rank3.62%6.60%

*Based on 2008-2012 data. View historical units in structure data.

Rooms

 Spring Valley, MN%MinnesotaU.S.
Total Housing Units1,185100%2,347,928131,642,457
1 Room211.77%, see rank1.44%1.95%
2 Rooms171.43%, see rank2.60%2.36%
3 Rooms635.32%, see rank9.21%8.97%
4 Rooms18815.86%, see rank14.15%16.57%
5 Rooms29825.15%, see rank15.77%20.41%
6 Rooms17714.94%, see rank15.21%18.25%
7 Rooms12110.21%, see rank12.97%12.38%
8 Rooms12010.13%, see rank11.07%8.59%
9 Rooms or More18015.19%, see rank17.58%10.52%
Median Rooms5.50, see rank-5.905.50

*Based on 2008-2012 data. View historical rooms data.

Bedrooms

 Spring Valley, MN%MinnesotaU.S.
Total Housing Units1,185100%2,347,928131,642,457
No Bedroom252.11%, see rank1.66%2.16%
1 Bedroom12910.89%, see rank11.72%11.12%
2 Bedrooms39633.42%, see rank26.87%26.85%
3 Bedrooms41635.11%, see rank34.37%39.76%
4 Bedrooms20917.64%, see rank19.64%15.95%
5 or More Bedrooms100.84%, see rank5.75%4.16%

*Based on 2008-2012 data. View historical bedrooms data.

House Heating Fuel

 Spring Valley, MN%MinnesotaU.S.
Total Housing Units1,060100%2,101,875115,226,802
Utility Gas91586.32%, see rank67.41%49.42%
Bottled, Tank, or LP Gas211.98%, see rank9.97%5.03%
Electricity11911.23%, see rank15.14%35.51%
Fuel Oil, Kerosene, etc.50.47%, see rank3.14%6.46%
Coal or Coke00.00%, see rank0.02%0.12%
Wood00.00%, see rank2.55%2.08%
Solar Energy00.00%, see rank0.01%0.04%
Other Fuel00.00%, see rank1.20%0.43%
No Fuel Used00.00%, see rank0.55%0.90%

*Based on 2008-2012 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSpring Valley, MN%MinnesotaU.S.
Occupied Units Paying Rent268100%540,44037,562,111
$199 or Less197.09%, see rank2.94%1.76%
$200 to $29993.36%, see rank5.00%3.29%
$300 to $49913148.88%, see rank9.95%8.20%
$500 to $6995420.15%, see rank19.19%17.39%
$700 to $9993011.19%, see rank33.21%29.40%
$1,000 to $1,499176.34%, see rank21.48%25.73%
$1,500 to $1,99982.99%, see rank6.02%8.92%
$2,000 or More00.00%, see rank2.21%5.30%
Median$469, see rank-$802$889

*Based on 2008-2012 data. View historical gross rent data.

Vehicle Available

 Spring Valley, MN%MinnesotaU.S.
Occupied Housing Units1,060100%2,101,875115,226,802
No Vehicles Available787.36%, see rank7.08%9.03%
1 Vehicles Available40137.83%, see rank30.26%33.67%
2 Vehicles Available40838.49%, see rank40.78%37.64%
3 or More Vehicles Available17316.32%, see rank21.89%19.66%

*Based on 2008-2012 data. View historical vehicle available data.


 
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