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Spring Valley, MN Housing

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As of 2006-2010, median price of a house in Spring Valley is $108,200, which is much lower than the state average of $194,300 and is much lower than the national average of $179,900. The Spring Valley median house value has grown by 41.99% 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 50.42%. The median year that a house in Spring Valley was built is 1952, which is older than the median year for a house built in the state which is 1973 and is older than the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 775 Owner Occupied Houses in Spring Valley, MN, #441

Spring Valley, MN	108,200 USD
Minnesota	206,200 USD
U.S.	188,400 USD

Median House Price Growth Since 2000, #721

Spring Valley, MN	41.99%
Minnesota	58.74%
U.S.	50.42%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

	Spring Valley, MN	%	Minnesota	U.S.
Total Housing Units	1,172, see rank	100%	2,347,201	131,704,730
Occupied Housing Units	1,074	91.64%, see rank	88.92%	88.62%
Owner Occupied	786	67.06%, see rank	64.92%	57.69%
Renter Occupied	288	24.57%, see rank	24.00%	30.93%
Vacant Housing Units	98	8.36%, see rank	11.08%	11.38%
For Rent	31	2.65%, see rank	2.05%	3.14%
For Sale Only	23	1.96%, see rank	1.31%	1.44%
Rented or Sold, Not Occupied	3	0.26%, see rank	0.40%	0.48%
For Seasonal, Recreational, or Occasional Use	2	0.17%, see rank	5.56%	3.53%
For Migrant Workers	0	0.00%, see rank	0.01%	0.02%
Other Vacant	39	3.33%, see rank	1.74%	2.77%

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

Year Structure Built

Median Built Year, #684

Spring Valley, MN	Minnesota	U.S.
1952	1973	1975

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

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

	Spring Valley, MN	%	Minnesota	U.S.
Owner-Occupied Units	775	100%	1,548,127	76,089,650
With a Mortgage	529	68.26%, see rank	71.07%	67.94%
Without a Mortgage	246	31.74%, see rank	28.93%	32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Spring Valley, MN	1,151 USD
Minnesota	1,549 USD
U.S.	1,524 USD

Owner Costs Distribution

Monthly Owner Costs	Spring Valley, MN	%	Minnesota	U.S.
$299 or Less	0	0.00%, see rank	0.20%	0.22%
$300 to $499	0	0.00%, see rank	1.58%	1.85%
$500 to $699	40	7.56%, see rank	4.09%	5.39%
$700 to $999	155	29.30%, see rank	12.18%	14.41%
$1,000 to $1,499	193	36.48%, see rank	29.17%	27.08%
$1,500 to $1,999	116	21.93%, see rank	25.45%	19.94%
$2,000 to $2,999	25	4.73%, see rank	20.29%	19.39%
$3,000 or More	0	0.00%, see rank	7.04%	11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Spring Valley, MN	24.00% of the Total Income
Minnesota	24.40% of the Total Income
U.S.	25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Spring Valley, MN	%	Minnesota	U.S.
10% or Less	11	2.08%, see rank	4.66%	4.85%
10% to 20%	147	27.79%, see rank	29.78%	28.90%
20% to 30%	174	32.89%, see rank	31.38%	28.42%
30% to 40%	115	21.74%, see rank	15.82%	15.27%
40% or More	75	14.18%, see rank	18.12%	22.15%

*Based on 2006-2010 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	391 USD
Minnesota	441 USD
U.S.	431 USD

Owner Costs Distribution

Monthly Owner Costs	Spring Valley, MN	%	Minnesota	U.S.
$199 or Less	16	6.50%, see rank	5.51%	8.92%
$200 to $299	38	15.45%, see rank	13.60%	16.68%
$300 to $499	128	52.03%, see rank	43.71%	35.65%
$500 to $699	64	26.02%, see rank	24.28%	20.07%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Spring Valley, MN	12.80% of the Total Income
Minnesota	12.00% of the Total Income
U.S.	12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Spring Valley, MN	%	Minnesota	U.S.
10% or Less	86	34.96%, see rank	41.69%	38.92%
10% to 20%	90	36.59%, see rank	32.07%	31.98%
20% to 30%	38	15.45%, see rank	12.10%	12.67%
30% to 40%	26	10.57%, see rank	5.37%	5.90%
40% or More	6	2.44%, see rank	8.19%	9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Spring Valley, MN	%	Minnesota	U.S.
Total Housing Units	1,153	100%	2,327,948	130,038,080
1-unit, Detached	810	70.25%, see rank	67.54%	61.62%
1-unit, Attached	54	4.68%, see rank	7.15%	5.74%
2 Units	88	7.63%, see rank	2.42%	3.88%
3 or 4 Units	52	4.51%, see rank	2.10%	4.47%
5 to 9 Units	7	0.61%, see rank	2.25%	4.84%
10 or More Units	109	9.45%, see rank	14.78%	12.68%
Mobile Home, Boat, RV, Van, etc.	33	2.86%, see rank	3.75%	6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

	Spring Valley, MN	%	Minnesota	U.S.
Total Housing Units	1,153	100%	2,327,948	130,038,080
1 Room	19	1.65%, see rank	1.27%	1.59%
2 Rooms	28	2.43%, see rank	2.73%	2.62%
3 Rooms	62	5.38%, see rank	9.18%	9.02%
4 Rooms	210	18.21%, see rank	14.29%	16.85%
5 Rooms	288	24.98%, see rank	16.37%	20.93%
6 Rooms	163	14.14%, see rank	15.43%	18.56%
7 Rooms	106	9.19%, see rank	13.30%	12.38%
8 Rooms	109	9.45%, see rank	11.09%	8.39%
9 Rooms or More	168	14.57%, see rank	16.34%	9.65%
Median Rooms	5.40, see rank	-	5.90	5.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

	Spring Valley, MN	%	Minnesota	U.S.
Total Housing Units	1,153	100%	2,327,948	130,038,080
No Bedroom	19	1.65%, see rank	1.49%	1.84%
1 Bedroom	128	11.10%, see rank	11.75%	11.32%
2 Bedrooms	419	36.34%, see rank	27.16%	27.20%
3 Bedrooms	331	28.71%, see rank	34.46%	39.80%
4 Bedrooms	247	21.42%, see rank	19.54%	15.80%
5 or More Bedrooms	9	0.78%, see rank	5.60%	4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

	Spring Valley, MN	%	Minnesota	U.S.
Total Housing Units	1,094	100%	2,085,917	114,235,996
Utility Gas	910	83.18%, see rank	67.76%	49.91%
Bottled, Tank, or LP Gas	20	1.83%, see rank	10.24%	5.38%
Electricity	151	13.80%, see rank	14.01%	34.20%
Fuel Oil, Kerosene, etc.	13	1.19%, see rank	3.79%	7.07%
Coal or Coke	0	0.00%, see rank	0.03%	0.12%
Wood	0	0.00%, see rank	2.43%	1.97%
Solar Energy	0	0.00%, see rank	0.01%	0.03%
Other Fuel	0	0.00%, see rank	1.18%	0.42%
No Fuel Used	0	0.00%, see rank	0.54%	0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Spring Valley, MN	%	Minnesota	U.S.
Occupied Units Paying Rent	295	100%	512,399	35,969,315
$199 or Less	12	4.07%, see rank	3.28%	2.25%
$200 to $299	7	2.37%, see rank	5.31%	3.41%
$300 to $499	132	44.75%, see rank	11.31%	9.80%
$500 to $699	100	33.90%, see rank	21.90%	19.41%
$700 to $999	26	8.81%, see rank	33.00%	29.88%
$1,000 to $1,499	11	3.73%, see rank	18.32%	23.51%
$1,500 to $1,999	7	2.37%, see rank	5.05%	7.56%
$2,000 or More	0	0.00%, see rank	1.82%	4.16%
Median	$496, see rank	-	$759	$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

	Spring Valley, MN	%	Minnesota	U.S.
Occupied Housing Units	1,094	100%	2,085,917	114,235,996
No Vehicles Available	40	3.66%, see rank	6.92%	8.85%
1 Vehicles Available	432	39.49%, see rank	30.07%	33.28%
2 Vehicles Available	434	39.67%, see rank	41.02%	37.87%
3 or More Vehicles Available	188	17.18%, see rank	21.99%	20.00%

*Based on 2006-2010 data. View historical vehicle available data.