Ramsey, MN


Highest Appreciating Ramsey Neighborhoods Since 2000

Ramsey, MN Real Estate Data

Ramsey Housing Market Information

With 25,828 people, 8,245 houses or apartments, and a median cost of homes of $253,321, Ramsey real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ramsey, accounting for 81.33% of the city's housing units. Other types of housing that are prevalent in Ramsey include row houses and other attached homes ( 15.68%), large apartment complexes or high rise apartments ( 2.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ramsey. Owner-occupied housing accounts for 90.55% of Ramsey's homes, and 73.99% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ramsey 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 Ramsey built between 2000 and later ( 28.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.00%).

Ramsey Home Appreciation Rates

Ramsey's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ramsey during the period has been just -1.29%, which is lower than 80% of US communities.

Appreciation rates are so strong in Ramsey that despite a nationwide downturn in the housing market, Ramsey real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ramsey appreciation rates continue to be some of the highest in America, at 5.78%, which is higher than appreciation rates in 71.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ramsey. Ramsey appreciation rates in the latest quarter were at 2.70%, which equates to an annual appreciation rate of 11.26%.

Importantly, this makes Ramsey one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Minnesota, our data show that Ramsey'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 Ramsey differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ramsey - 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 Ramsey real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,240,000 0.2
$930,001 - $1,240,000 0.1
$620,001 - $930,000 1.4
$496,001 - $620,000 2.8
$372,001 - $496,000 11.5
$248,001 - $372,000 34.9
$124,001 - $248,000 42.0
$62,001 - $124,000 2.8
$0 - $62,000 4.3

High for MN
High for Nation

Value Relative to Nation Value Relative to State
22.626925103941 21.9712525667351

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,547 / per month

Homeownership Rate

Owners 90.55
Renters 9.45
Vacant 2.75

Housing Market Details


Age of Homes

2000 or Newer 28.5
1970 - 1999 65.9
1940 - 1969 5.0
1939 or Older 0.5

Types of Homes

Single-Family 81.3
Townhomes 15.7
Small Apt. Buildings 0.3
Apt. Complexes 2.2
Mobile Homes 0.6
Other 0.0

Home Size

No Bedroom 0.42
1 Bedroom 0.90
2 Bedrooms 15.46
3 Bedrooms 38.74
4 Bedrooms 35.26
5 or more bedrooms 9.22

Ramsey Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
27.57% 1.44% 3 3
* 10 is highest