Home prices
The median home price in Spring Lake is $165,500. In comparison to its nearby areas it is roughly $33,620 (25%) higher.It is approximately $52,000 (23%) lower compared to the US as a whole, and it is approximately $22,100 (15%) higher compared to the city of Grand Rapids.
Rents
In Spring Lake the median rent is $717 a month. Compared to its nearby areas it is approximately $101 (12%) lower.It is roughly $345 (32%) lower in comparison to the nation as a whole, and compared to the city of Grand Rapids it is roughly $208 (22%) lower.
Nearby places
Ferrysburg
Ferrysburg is Spring Lake's neighbor to the northwest. Real estate prices there are fairly similar. The value of the median home in Ferrysburg is $173,600, which comes out to $8,100 (4%) higher than Spring Lake. Rent there is a bit more expensive. The median rent in Ferrysburg is $893 a month, which is $176 (19%) higher than Spring Lake.
Grand Haven
Grand Haven is Spring Lake's neighbor to the southwest. The real estate prices there are fairly similar. The value of the median home in Grand Haven is $161,000, which works out to $4,500 (2%) lower than Spring Lake. The rent there is a bit more expensive. The median rent in Grand Haven is $776 per month, which comes out to $59 (7%) higher than Spring Lake.
Fruitport
Fruitport is about 3 miles northeast of Spring Lake. Its housing prices are a bit less expensive. The median home in Fruitport is valued at $140,500, which is $25,000 (17%) lower than Spring Lake. The rent there is a little more expensive. The median rent in Fruitport is $762 per month, which is $45 (5%) higher than Spring Lake.
Norton Shores
Norton Shores is approximately 6 miles northwest of Spring Lake. Its housing prices are a little less expensive. The value of the median home in Norton Shores is $140,400, which comes out to $25,100 (17%) lower than Spring Lake. Rents there are somewhat more expensive. Norton Shores's median rent is $946 a month, which is $229 (24%) higher than Spring Lake.
Muskegon Heights
Muskegon Heights is roughly 8 miles north of Spring Lake. Its real estate prices are substantially less expensive. The price of the median home in Muskegon Heights is $43,900, which works out to $121,600 (276%) lower than Spring Lake. Rent there is pretty similar. In Muskegon Heights the median monthly rent is $711, which is very similar to Spring Lake.
