McGregor, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating McGregor Neighborhoods Since 2000




McGregor, 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

McGregor Housing Market Information

With a population of 367, 206 total housing units (homes and apartments), and a median house value of $177,449, McGregor real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in McGregor, accounting for 48.64% of the city's housing units. Other types of housing that are prevalent in McGregor include mobile homes or trailers ( 28.18%), large apartment complexes or high rise apartments ( 14.09%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.09%).

People in McGregor primarily live in small (one, two or no bedroom) single-family detached homes. McGregor has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in McGregor 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 McGregor built between 1940-1969 ( 30.91%). A lesser amount of the housing stock also hails from before 1939 ( 20.91%).

McGregor Home Appreciation Rates

Appreciation rates for homes in McGregor have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.93%, which ranks in the top 50% nationwide. This equates to an annual average McGregor house appreciation rate of 0.29%.

NeighborhoodScout's data show that during the latest twelve months, McGregor's appreciation rate, at 3.62%, has been at or slightly above the national average. In the latest quarter, McGregor's appreciation rate has been -0.47%, which annualizes to a rate of -1.86%.

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

Average Home Values

 

Median Home Value:
$177,449

McGregor, MN HOME PRICES

Value Range
> $1,100,000 0.3
$825,001 - $1,100,000 0.0
$550,001 - $825,000 1.2
$440,001 - $550,000 5.5
$330,001 - $440,000 9.6
$220,001 - $330,000 21.1
$110,001 - $220,000 33.2
$55,001 - $110,000 14.4
$0 - $55,000 14.6

Average for MN
High for Nation

Value Relative to Nation Value Relative to State
39.0073831009024 52.3613963039014

Number Of Homes And Apartments:
206

McGregor 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
56.43% 2.63% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$743 / per month

Homeownership Rate

Homeownership
Owners 38.35
Renters 61.65
Vacant 6.36

Housing Market Details

 

Age of Homes

AGE OF McGregor HOMES
2000 or Newer 0.9
1970 - 1999 47.3
1940 - 1969 30.9
1939 or Older 20.9

Types of Homes

TYPE OF McGregor HOMES
Single-Family 48.6
Townhomes 0.0
Small Apt. Buildings 9.1
Apt. Complexes 14.1
Mobile Homes 28.2
Other 0.0

Home Size

SIZE OF McGregor HOMES
No Bedroom 4.09
1 Bedroom 19.09
2 Bedrooms 37.73
3 Bedrooms 33.64
4 Bedrooms 4.09
5 or more bedrooms 1.36

Popular Neighborhoods in McGregor

Popular Communities Near McGregor, MN

Zip Codes in McGregor, MN