Is Spring Lake, MN 56680 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Spring Lake is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Spring Lake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Itasca County, MN

Population	137
Median income	$51,250
Average income	$71,482
Median home value	$245,000
Owner-occupied	91% of homes
Median year built	1984

Natural hazard riskExtreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 56680; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56680

Prefilled for 56680Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56680Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bigfork 56628Balanced $189 /sq ft Bovey 55709Seller’s market $168 /sq ft Calumet 55716Seller’s market $130 /sq ft Cohasset 55721Seller’s market $221 /sq ft Browse all markets →

Where Spring Lake is

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Questions about Spring Lake real estate

What are property taxes in Spring Lake?

About 0.86% of a home’s value a year in Itasca County, or roughly $3,440 on a $400,000 home.

Local agents

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More tools for 56680

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Itasca County property taxes Itasca County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology