Home prices
The median home in Spring Valley costs $124,100. It is roughly $12,520 (9%) lower in comparison to its surrounding areas.It is roughly $93,400 (42%) lower in comparison to the entire nation, and in comparison to the city of Minneapolis is about $127,500 (50%) lower.
Rents
In Spring Valley the median rent is $905 a month. In comparison to the surrounding areas it is about $89 (10%) higher.It is approximately $157 (14%) lower compared to the US as a whole, and it is about $122 (11%) lower in comparison to the city of Minneapolis.
Nearby places
Elmwood
Elmwood is about 5 miles southeast of Spring Valley. Housing prices there are pretty similar. The median home cost in Elmwood is $122,500, which works out to $1,600 (1%) lower than Spring Valley. The rent there is a lot less expensive. In Elmwood the median rent is $660 a month, which comes out to $245 (37%) lower than Spring Valley.
Woodville
Woodville is about 6 miles north from Spring Valley. Its real estate prices are somewhat more expensive. The median home in Woodville is valued at $133,000, which is $8,900 (6%) higher than Spring Valley. Its rents are a little less expensive. In Woodville the median monthly rent is $815, which comes out to $90 (11%) lower than Spring Valley.
Baldwin
Baldwin is roughly 8 miles northwest from Spring Valley. The real estate prices there are a little more expensive. The median home in Baldwin costs $160,700, which comes out to $36,600 (22%) higher than Spring Valley. Its rents are pretty similar. The median monthly rent in Baldwin is $949, which works out to $44 (4%) higher than Spring Valley.
Knapp
Knapp is approximately 9 miles northeast from Spring Valley. The real estate prices there are fairly similar. Knapp's median home cost is $118,800, which is $5,300 (4%) lower than Spring Valley. The rent there is a little less expensive. In Knapp the median rent is $747 a month, which works out to $158 (21%) lower than Spring Valley.
Hammond
Hammond is approximately 10 miles northwest from Spring Valley. Real estate prices there are somewhat more expensive. The median home in Hammond costs $148,100, which works out to $24,000 (16%) higher than Spring Valley. Rents there are pretty similar. Hammond's median monthly rent is $909, which is very similar to Spring Valley.
