Minnesota
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating MN Cities Since 2000




Minnesota Real Estate Values & Housing Market Data

Average Home Values

Median Home Value:
$219,847

Number Of Homes And Apartments:
2,127,904

Minnesota Home Prices

Value Range
> $1,170,000 0.9
$878,001 - $1,170,000 1.0
$585,001 - $878,000 3.7
$468,001 - $585,000 4.4
$351,001 - $468,000 10.3
$234,001 - $351,000 24.3
$117,001 - $234,000 38.4
$59,001 - $117,000 10.6
$0 - $59,000 6.4

Housing Details

Age of Homes

AGE OF Minnesota HOMES
2000 or Newer 15.4
1970 - 1999 42.3
1940 - 1969 25.0
1939 or Older 17.3

Types of Homes

TYPE OF Minnesota HOMES
Single-Family 67.2
Townhomes 7.5
Small Apt. Buildings 4.4
Apt. Complexes 17.4
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Minnesota HOMES
No Bedroom 1.76
1 Bedroom 11.71
2 Bedrooms 26.64
3 Bedrooms 34.15
4 Bedrooms 19.81
5 or more bedrooms 5.94

Rent & Homeownership

Average Market Rent:
$1,054 / per month

Homeownership Rate

Homeownership
Owners 70.29
Renters 29.71
Vacant 10.52

Minnesota Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q2 - 2016 Q3
1.20% 4.87% 4
Last 12 Months:
2015 Q4 - 2016 Q3
4.63% 4.63% 5
Last 2 Years:
2014 Q4 - 2016 Q3
9.43% 4.61% 6
Last 5 Years:
2011 Q4 - 2016 Q3
21.17% 3.92% 7
Last 10 Years:
2006 Q4 - 2016 Q3
-2.04% -0.21% 3
Since 2000:
2000 Q1 - 2016 Q3
58.96% 2.85% 4
* 10 is highest