Is Spring Lake, MI 49456 a buyer’s or seller’s market?
Spring Lake is a seller’s market. With about 2.5 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 71% of U.S. ZIP codes, and #237 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Spring Lake housing market right now
In the three months ending August 31, 2026, 28% of homes in Spring Lake, MI 49456 sold above their list price, the typical home went under contract in 19 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 119 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (27% then), homes sold faster (26 days then) and the median sale price rose 9% to $489,788. Overall, Spring Lake is more competitive than a year ago, so tougher for buyers.
Within Ottawa County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Spring Lake ranks #237 of 510 MI ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Nunica 49448 (23% sold over asking) or West Olive 49460 (24% sold over asking), while Conklin 49403 (50% sold over asking) and Jenison 49428 (48% sold over asking) are even more competitive.
Run the numbers for 49456
Nearby markets
Allendale 49401Seller’s market $217 /sq ftConklin 49403Seller’s market $207 /sq ftCoopersville 49404Seller’s market $195 /sq ftGrand Haven 49417Seller’s market $248 /sq ft Browse all markets →Towns like Spring Lake nearby
Find towns like Spring Lake in other states →Where Spring Lake is
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Questions about Spring Lake real estate
Is Spring Lake a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Spring Lake, MI 49456 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Spring Lake?
The typical home went under contract in 19 days in the latest three months.
Do homes in Spring Lake sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Spring Lake?
About 1.02% of a home’s value a year in Ottawa County, or roughly $4,080 on a $400,000 home.
What is the median home price in Spring Lake?
The median sale price was $489,788 in the three months ending August 31, 2026, about $248 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology