Is Spring Park, MN 55384 a buyer’s or seller’s market?

The Spring Park housing market right now

In the three months ending August 31, 2026, 56% of homes in Spring Park, MN 55384 sold above their list price, the typical home went under contract in 17 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold about as fast and the median sale price fell 11% to $739,680. Overall, Spring Park is more competitive than a year ago, so tougher for buyers.

Within Hennepin County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 95%.

Nearby, buyers who want less competition could look at Minneapolis 55454 (0% sold over asking) or Minneapolis 55403 (6% sold over asking), while Minneapolis 55406 (59% sold over asking) and Minneapolis 55441 (58% sold over asking) are even more competitive.