La Crescent, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating La Crescent Neighborhoods Since 2000




La Crescent, MN Real Estate Data


La Crescent Housing Market Information

With a population of 4,826, 2,072 total housing units (homes and apartments), and a median house value of $203,131, La Crescent real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in La Crescent, accounting for 71.17% of the city's housing units. Other types of housing that are prevalent in La Crescent include large apartment complexes or high rise apartments ( 14.16%), duplexes, homes converted to apartments or other small apartment buildings ( 6.32%), and a few mobile homes or trailers ( 5.77%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in La Crescent. Owner-occupied housing accounts for 74.37% of La Crescent's homes, and 59.53% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in La Crescent 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 La Crescent built between 1940-1969 ( 33.73%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.47%). There's also some housing in La Crescent built before 1939 ( 6.69%).

La Crescent Home Appreciation Rates

Appreciation rates for homes in La Crescent have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.73%, which ranks in the top 40% nationwide. This equates to an annual average La Crescent house appreciation rate of 1.12%.

NeighborhoodScout's data show that during the latest twelve months, La Crescent's appreciation rate, at 5.23%, has been at or slightly above the national average. In the latest quarter, La Crescent's appreciation rate has been 2.11%, which annualizes to a rate of 8.71%.

Relative to Minnesota, our data show that La Crescent's latest annual appreciation rate is higher than 50% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$203,131

La Crescent, MN HOME PRICES

Value Range
> $1,133,000 0.8
$850,001 - $1,133,000 1.0
$567,001 - $850,000 1.2
$453,001 - $567,000 3.0
$340,001 - $453,000 8.7
$226,001 - $340,000 21.3
$113,001 - $226,000 51.4
$57,001 - $113,000 5.1
$0 - $57,000 7.4

Average for MN
High for Nation

Value Relative to Nation Value Relative to State
32.3534578673069 41.2731006160164

Number Of Homes And Apartments:
2,072

Rent & Ownership

 

Average Market Rent:
$643 / per month

Homeownership Rate

Homeownership
Owners 74.37
Renters 25.63
Vacant 5.04

Housing Market Details

 

Age of Homes

AGE OF La Crescent HOMES
2000 or Newer 7.5
1970 - 1999 52.1
1940 - 1969 33.7
1939 or Older 6.7

Types of Homes

TYPE OF La Crescent HOMES
Single-Family 71.2
Townhomes 2.6
Small Apt. Buildings 6.3
Apt. Complexes 14.2
Mobile Homes 5.8
Other 0.0

Home Size

SIZE OF La Crescent HOMES
No Bedroom 1.56
1 Bedroom 5.73
2 Bedrooms 26.58
3 Bedrooms 43.81
4 Bedrooms 15.72
5 or more bedrooms 6.60

La Crescent Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
48.86% 2.37% 7 6
* 10 is highest

Popular Neighborhoods in La Crescent

Zip Codes in La Crescent, MN