Arden Hills, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Arden Hills Neighborhoods Since 2000




Arden Hills, 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

Arden Hills Housing Market Information

With a population of 9,951, 3,024 total housing units (homes and apartments), and a median house value of $351,568, Arden Hills house prices are not only among the most expensive in Minnesota, Arden Hills real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Arden Hills, accounting for 68.67% of the city's housing units. Other types of housing that are prevalent in Arden Hills include row houses and other attached homes ( 13.92%), large apartment complexes or high rise apartments ( 10.34%), and a few mobile homes or trailers ( 5.91%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arden Hills. Owner-occupied housing accounts for 66.39% of Arden Hills's homes, and 68.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arden Hills 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 Arden Hills built between 1940-1969 ( 30.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.67%). There's also some housing in Arden Hills built before 1939 ( 2.40%).

Arden Hills Home Appreciation Rates

Real estate appreciation rates in Arden Hills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.45% during the period.

Appreciation rates are so strong in Arden Hills that despite a nationwide downturn in the housing market, Arden Hills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Arden Hills appreciation rates continue to be some of the highest in America, at 5.68%, which is higher than appreciation rates in 71.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Arden Hills. Arden Hills 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 Arden Hills's latest annual appreciation rate is higher than 70% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$351,568

Arden Hills, MN HOME PRICES

Value Range
> $1,191,000 0.2
$893,001 - $1,191,000 1.3
$595,001 - $893,000 6.3
$476,001 - $595,000 14.9
$357,001 - $476,000 24.0
$238,001 - $357,000 25.2
$119,001 - $238,000 21.8
$60,001 - $119,000 3.3
$0 - $60,000 2.9

Very High for MN
Very High for Nation

Value Relative to Nation Value Relative to State
12.0766436188914 5.3388090349076

Number Of Homes And Apartments:
3,024

Arden Hills Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
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
38.33% 1.90% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,567 / per month

Homeownership Rate

Homeownership
Owners 66.39
Renters 33.61
Vacant 0.69

Housing Market Details

 

Age of Homes

AGE OF Arden Hills HOMES
2000 or Newer 6.7
1970 - 1999 60.9
1940 - 1969 30.0
1939 or Older 2.4

Types of Homes

TYPE OF Arden Hills HOMES
Single-Family 68.7
Townhomes 13.9
Small Apt. Buildings 1.1
Apt. Complexes 10.3
Mobile Homes 5.9
Other 0.0

Home Size

SIZE OF Arden Hills HOMES
No Bedroom 2.46
1 Bedroom 4.01
2 Bedrooms 17.93
3 Bedrooms 40.69
4 Bedrooms 28.28
5 or more bedrooms 6.63