Annandale, MN


Highest Appreciating Annandale Neighborhoods Since 2000

Annandale, MN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Annandale Housing Market Information

With 3,304 people, 1,318 houses or apartments, and a median cost of homes of $259,731, Annandale real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Annandale, accounting for 58.68% of the city's housing units. Other types of housing that are prevalent in Annandale include large apartment complexes or high rise apartments ( 20.62%), mobile homes or trailers ( 14.88%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.33%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Annandale. Owner-occupied housing accounts for 73.37% of Annandale's homes, and 51.67% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Annandale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Annandale built between 2000 and later ( 25.44%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.99%). There's also some housing in Annandale built before 1939 ( 9.14%).

Annandale Home Appreciation Rates

Annandale's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Annandale during the period has been just -1.09%, which is lower than 70% of US communities.

Appreciation rates are so strong in Annandale that despite a nationwide downturn in the housing market, Annandale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Annandale appreciation rates continue to be some of the highest in America, at 7.43%, which is higher than appreciation rates in 83.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Annandale. Annandale appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

Relative to Minnesota, our data show that Annandale's latest annual appreciation rate is higher than 90% of the other cities and towns in Minnesota.

Average Home Values


Median Home Value:


Value Range
> $1,175,000 2.1
$881,001 - $1,175,000 1.2
$587,001 - $881,000 9.4
$470,001 - $587,000 7.8
$353,001 - $470,000 12.8
$235,001 - $353,000 25.3
$117,001 - $235,000 26.9
$59,001 - $117,000 9.7
$0 - $59,000 4.7

Very High for MN
High for Nation

Value Relative to Nation Value Relative to State
21.0769951951248 17.6591375770021

Number Of Homes And Apartments:

Annandale Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
35.63% 1.78% 5 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,052 / per month

Homeownership Rate

Owners 73.37
Renters 26.63
Vacant 6.59

Housing Market Details


Age of Homes

AGE OF Annandale HOMES
2000 or Newer 25.4
1970 - 1999 54.4
1940 - 1969 11.0
1939 or Older 9.1

Types of Homes

Single-Family 58.7
Townhomes 2.5
Small Apt. Buildings 3.3
Apt. Complexes 20.6
Mobile Homes 14.9
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 18.14
2 Bedrooms 26.15
3 Bedrooms 26.72
4 Bedrooms 24.95
5 or more bedrooms 4.04

Popular Neighborhoods in Annandale

Zip Codes in Annandale, MN