Compare cities · September 2026
Loretto vs. Spring Park
Homes in Spring Park sold for a median $688,750 over the 12 months through September 2026, 95% more than in Loretto ($352,500). Homes sold faster in Loretto: 50 days on market on average, against 92 in Spring Park. Loretto's homes are newer, with a median year built of 1992 against 1979. Spring Park is closer to downtown Minneapolis: about 31 minutes by car, against 32. The two are about 8 miles apart.
Housing market, 12 months through September 2026
| Measure | Loretto | Spring Park |
|---|---|---|
| Median sale price | $352,500 | $688,750 |
| Change from a year earlier | −6.6% | −12.8% |
| Homes sold | 8 | 30 |
| Days on market | 50 | 92 |
| Share of original list price | 97.4% | 93.7% |
| Price per square foot | $224 | $414 |
| New listings | 16 | 44 |
| Homes for sale (September 2026) | 2 | 18 |
| Months of supply (September 2026) | 1.3 | 6.6 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Loretto | Spring Park |
|---|---|---|
| Median home value (owner estimate) | $361,500 | $661,600 |
| Median year built | 1992 | 1979 |
| Single-family homesShare of all housing units, detached houses | 85% | 25% |
| Owner-occupied homes | 84% | 25% |
| Median rent | $630 | $1,241 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Loretto | Spring Park |
|---|---|---|
| Population (2024) | 610 | 1,641 |
| Land area | 0.3 sq mi | 0.4 sq mi |
| Drive to Downtown Minneapolis | 32 min | 31 min |
| Drive to Downtown Saint Paul | 45 min | 44 min |
| Drive to MSP Airport | 46 min | 45 min |
| Drive to Mall of America | 43 min | 42 min |
| Drive to University of Minnesota | 37 min | 36 min |
| Average commute to work | 28.5 min | 20.9 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 0 | 1 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Loretto
School districts: Delano Public School District
Spring Park
School districts: Westonka Public School District
Largest lakes: Lake Minnetonka (14,206 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
Loretto or Spring Park?
Is Loretto or Spring Park more expensive?
Spring Park. The median sale price was $688,750 there and $352,500 in Loretto over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, Loretto or Spring Park?
Loretto: 50 days on market on average against 92, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Spring Park, about 31 minutes by car in light traffic (32 from Loretto). To downtown Saint Paul: 45 minutes from Loretto, 44 from Spring Park.
How far apart are Loretto and Spring Park?
About 8 miles in a straight line between their centers.
Which has more lakes, Loretto or Spring Park?
Spring Park has more: 0 lakes of 10+ acres touch Loretto and 1 touch Spring Park (largest: Lake Minnetonka), by Minnesota DNR lake outlines.
Which school districts serve Loretto and Spring Park?
Loretto: Delano Public School District. Spring Park: Westonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in Loretto or Spring Park?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
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Deciding between them?
See homes in Loretto and Spring Park.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.