Champlin, MN


Highest Appreciating Champlin Neighborhoods Since 2000

Champlin, 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

Champlin Housing Market Information

With a population of 23,894, 8,608 total housing units (homes and apartments), and a median house value of $235,220, Champlin real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Champlin, accounting for 74.05% of the city's housing units. Other types of housing that are prevalent in Champlin include row houses and other attached homes ( 15.17%), large apartment complexes or high rise apartments ( 9.14%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Champlin. Owner-occupied housing accounts for 84.06% of Champlin's homes, and 65.48% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Champlin 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 Champlin built between 1940-1969 ( 12.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.18%). There's also some housing in Champlin built before 1939 ( 1.71%).

Champlin Home Appreciation Rates

Champlin's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Champlin during the period has been just -0.96%, which is lower than 70% of US communities.

Appreciation rates are so strong in Champlin that despite a nationwide downturn in the housing market, Champlin real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Champlin appreciation rates continue to be some of the highest in America, at 6.72%, which is higher than appreciation rates in 79.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Champlin. Champlin 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 Champlin's latest annual appreciation rate is higher than 80% of the other cities and towns in Minnesota.

Average Home Values


Median Home Value:


Value Range
> $1,201,000 0.0
$900,001 - $1,201,000 0.0
$600,001 - $900,000 2.0
$480,001 - $600,000 3.4
$360,001 - $480,000 11.2
$240,001 - $360,000 31.9
$120,001 - $240,000 48.7
$60,001 - $120,000 1.9
$0 - $60,000 0.9

High for MN
High for Nation

Value Relative to Nation Value Relative to State
24.8974569319114 23.8193018480493

Number Of Homes And Apartments:

Champlin 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
34.10% 1.72% 4 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,414 / per month

Homeownership Rate

Owners 84.06
Renters 15.94
Vacant 3.31

Housing Market Details


Age of Homes

2000 or Newer 11.2
1970 - 1999 74.6
1940 - 1969 12.5
1939 or Older 1.7

Types of Homes

Single-Family 74.1
Townhomes 15.2
Small Apt. Buildings 1.6
Apt. Complexes 9.1
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.57
1 Bedroom 2.82
2 Bedrooms 21.26
3 Bedrooms 35.68
4 Bedrooms 29.80
5 or more bedrooms 9.86