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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 12,184, 4,418 total housing units (homes and apartments), and a median house value of $412,934, East Bethel real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in East Bethel, accounting for 91.01% of the city's housing units. Other types of housing that are prevalent in East Bethel include mobile homes or trailers ( 7.59%), large apartment complexes or high rise apartments ( 1.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Bethel. Owner-occupied housing accounts for 93.75% of East Bethel's homes, and 76.24% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in East Bethel 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 East Bethel built between 2000 and later ( 20.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.69%). There's also some housing in East Bethel built before 1939 ( 3.33%).
Appreciation rates for homes in East Bethel have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 86.67%, which ranks in the top 50% nationwide. This equates to an annual average East Bethel house appreciation rate of 6.44%.
Over the last year, East Bethel appreciation rates have trailed the rest of the nation. In the last twelve months, East Bethel's appreciation rate has been 1.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Bethel were at -2.13%, which equates to an annual appreciation rate of -8.26%.
Notably, East Bethel's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Minnesota, our data show that East Bethel's latest annual appreciation rate is lower than 90% of the other cities and towns in Minnesota.
$412,934
for Minnesota
for nation
4,418
$1,966 / per month