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Spring Park housing market, February 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of March 6, 2026. See the newest report (September 2026)

  • Median sale price$328K−41.5% vs. February 2025
  • Homes sold2+100.0% vs. February 2025
  • Days on market137February 2026
  • Months of supply6.8end of February 2026

The short version

Spring Park in February 2026

In February 2026, 2 homes sold in Spring Park, against 1 in February 2025.

The median sale price was $327,500, down 41.5% from a year earlier, and homes spent 137 days on market, with sellers receiving 87.6% of their original list price.

The month ended with 12 homes for sale, 6.8 months of supply (a buyer’s market by the usual measure).

Over the 12 months through February 2026, the median was $675,000 (up 20.5%) across 15 sales.

Only 2 homes sold here in February 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through February 2026, Spring Park
01000k2000k3000kOct 2024Dec 2024May 2025Jul 2025Oct 2025Dec 2025Feb 2026$1,485,000Oct 2024$1,485,000Nov 2024$1,355,000Dec 2024$2,000,000Feb 2025$560,000May 2025$572,500Jun 2025$415,000Jul 2025$1,250,000Sep 2025$814,950Oct 2025$1,225,000Nov 2025$705,000Dec 2025$472,000$327,500Feb 2026$327,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$1,485,000
Nov 2024$1,355,000
Dec 2024$2,000,000
Feb 2025$560,000
May 2025$572,500
Jun 2025$415,000
Jul 2025$1,250,000
Sep 2025$814,950
Oct 2025$1,225,000
Nov 2025$705,000
Dec 2025$472,000
Feb 2026$327,500

All the numbers

Spring Park, February 2026 vs. February 2025

February 202612 months through February 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$560,000$327,500−41.5%$560,000$675,000+20.5%
Average sale price$560,000$327,500−41.5%$920,000$751,593−18.3%
Price per square foot$390$274−29.7%$409$396−3.1%
Closed sales12+100.0%15150.0%
New listings110.0%2729+7.4%
Days on market29137+372.4%3291+184.4%
% of original list price received93.5%87.6%−6.3%104%92.3%−11.3%
Homes for sale (end of month)512+140.0%———
Months of supply2.36.8+195.7%———
Twin Cities region, median price$380,000$380,0000.0%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, Spring Park, February 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of March 6, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Spring Park in February 2026: questions

What was the median home price in Spring Park, MN in February 2026?

$327,500, from 2 sales (down 41.5% from February 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $675,000.

How many homes sold in Spring Park, MN in February 2026?

2, against 1 in February 2025. 1 new listings came on the market that month.

Was Spring Park a buyer's or seller's market in February 2026?

Spring Park ended February 2026 with 6.8 months of supply (12 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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