Lindstrom, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lindstrom Neighborhoods Since 2000




Lindstrom, 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

Lindstrom Housing Market Information

With a population of 4,401, 1,893 total housing units (homes and apartments), and a median house value of $180,115, Lindstrom real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lindstrom, accounting for 76.11% of the city's housing units. Other types of housing that are prevalent in Lindstrom include mobile homes or trailers ( 7.77%), large apartment complexes or high rise apartments ( 7.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.77%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lindstrom. Owner-occupied housing accounts for 85.68% of Lindstrom's homes, and 63.57% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lindstrom 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 Lindstrom built between 2000 and later ( 26.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.78%). There's also some housing in Lindstrom built before 1939 ( 10.87%).

Lindstrom Home Appreciation Rates

Homes have actually lost value in Lindstrom over the last then years, as home values have seen a decline of 20.52% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lindstrom home appreciation rates at 1.44%, which equates to an annual appreciation rate of 5.89%.

NeighborhoodScout's data show that during the latest twelve months, Lindstrom's appreciation rate, at 4.84%, has been at or slightly above the national average. In the latest quarter, Lindstrom's appreciation rate has been 1.44%, which annualizes to a rate of 5.89%.

Relative to Minnesota, our data show that Lindstrom's latest annual appreciation rate is higher than 60% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$180,115

Lindstrom, MN HOME PRICES

Value Range
> $1,158,000 0.2
$868,001 - $1,158,000 0.0
$579,001 - $868,000 1.5
$463,001 - $579,000 4.1
$348,001 - $463,000 12.6
$232,001 - $348,000 26.3
$116,001 - $232,000 39.8
$58,001 - $116,000 8.0
$0 - $58,000 7.5

Average for MN
High for Nation

Value Relative to Nation Value Relative to State
38.1050041017227 50.1026694045174

Number Of Homes And Apartments:
1,893

Lindstrom 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
19.41% 1.03% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$967 / per month

Homeownership Rate

Homeownership
Owners 85.68
Renters 14.32
Vacant 9.73

Housing Market Details

 

Age of Homes

AGE OF Lindstrom HOMES
2000 or Newer 26.3
1970 - 1999 49.1
1940 - 1969 13.8
1939 or Older 10.9

Types of Homes

TYPE OF Lindstrom HOMES
Single-Family 76.1
Townhomes 4.1
Small Apt. Buildings 4.8
Apt. Complexes 7.3
Mobile Homes 7.8
Other 0.0

Home Size

SIZE OF Lindstrom HOMES
No Bedroom 1.00
1 Bedroom 6.01
2 Bedrooms 24.80
3 Bedrooms 47.02
4 Bedrooms 16.55
5 or more bedrooms 4.63

Popular Neighborhoods in Lindstrom

Zip Codes in Lindstrom, MN