Lino Lakes, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lino Lakes Neighborhoods Since 2000




Lino Lakes, 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

Lino Lakes Housing Market Information

With a population of 21,050, 6,706 total housing units (homes and apartments), and a median house value of $348,656, Lino Lakes house prices are not only among the most expensive in Minnesota, Lino Lakes real estate also is some of the most expensive in all of America.

Lino Lakes is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Lino Lakes than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lino Lakes. Owner-occupied housing accounts for 85.20% of Lino Lakes's homes, and 73.92% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lino Lakes 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 Lino Lakes built between 2000 and later ( 24.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.14%). There's also some housing in Lino Lakes built before 1939 ( 1.55%).

Lino Lakes Home Appreciation Rates

Lino Lakes's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lino Lakes during the period has been just -0.86%, which is lower than 70% of US communities.

Appreciation rates are so strong in Lino Lakes that despite a nationwide downturn in the housing market, Lino Lakes real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lino Lakes appreciation rates continue to be some of the highest in America, at 5.62%, which is higher than appreciation rates in 70.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lino Lakes. Lino Lakes 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 Lino Lakes's latest annual appreciation rate is higher than 70% of the other cities and towns in Minnesota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lino Lakes differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lino Lakes - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lino Lakes real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$348,656

Lino Lakes, MN HOME PRICES

Value Range
> $1,187,000 0.8
$891,001 - $1,187,000 0.7
$594,001 - $891,000 4.2
$475,001 - $594,000 5.7
$356,001 - $475,000 22.9
$237,001 - $356,000 39.9
$119,001 - $237,000 21.9
$59,001 - $119,000 1.7
$0 - $59,000 2.3

Very High for MN
Very High for Nation

Value Relative to Nation Value Relative to State
12.3110277745224 5.54414784394251

Number Of Homes And Apartments:
6,706

Lino Lakes 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
31.19% 1.59% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,738 / per month

Homeownership Rate

Homeownership
Owners 85.20
Renters 14.80
Vacant 2.07

Housing Market Details

 

Age of Homes

AGE OF Lino Lakes HOMES
2000 or Newer 24.5
1970 - 1999 64.8
1940 - 1969 9.1
1939 or Older 1.5

Types of Homes

TYPE OF Lino Lakes HOMES
Single-Family 87.2
Townhomes 6.9
Small Apt. Buildings 0.5
Apt. Complexes 3.7
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Lino Lakes HOMES
No Bedroom 1.07
1 Bedroom 1.71
2 Bedrooms 11.86
3 Bedrooms 34.89
4 Bedrooms 39.03
5 or more bedrooms 11.45