Sartell, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sartell, MN Real Estate Data


Sartell Housing Market Information

With a population of 16,788, 6,063 total housing units (homes and apartments), and a median house value of $212,301, Sartell real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Sartell, accounting for 66.05% of the city's housing units. Other types of housing that are prevalent in Sartell include large apartment complexes or high rise apartments ( 22.03%), row houses and other attached homes ( 6.32%), and a few mobile homes or trailers ( 5.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sartell. Owner-occupied housing accounts for 69.20% of Sartell's homes, and 59.32% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sartell 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 Sartell built between 2000 and later ( 41.92%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.18%). There's also some housing in Sartell built before 1939 ( 3.70%).

Sartell Home Appreciation Rates

Real estate appreciation rates in Sartell's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.46% during the period.

Appreciation rates are so strong in Sartell that despite a nationwide downturn in the housing market, Sartell real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sartell appreciation rates continue to be some of the highest in America, at 6.91%, which is higher than appreciation rates in 83.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sartell. Sartell appreciation rates in the latest quarter were at 2.24%, which equates to an annual appreciation rate of 9.26%.

Relative to Minnesota, our data show that Sartell's latest annual appreciation rate is higher than 90% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$212,301

Sartell, MN HOME PRICES

Value Range
> $1,137,000 0.4
$853,001 - $1,137,000 0.9
$569,001 - $853,000 1.0
$455,001 - $569,000 2.8
$341,001 - $455,000 9.2
$227,001 - $341,000 23.1
$114,001 - $227,000 53.8
$57,001 - $114,000 1.9
$0 - $57,000 6.9

High for MN
High for Nation

Value Relative to Nation Value Relative to State
30.280494232008 35.9342915811088

Number Of Homes And Apartments:
6,063

Rent & Ownership

 

Average Market Rent:
$1,109 / per month

Homeownership Rate

Homeownership
Owners 69.20
Renters 30.80
Vacant 4.88

Housing Market Details

 

Age of Homes

AGE OF Sartell HOMES
2000 or Newer 41.9
1970 - 1999 49.2
1940 - 1969 5.2
1939 or Older 3.7

Types of Homes

TYPE OF Sartell HOMES
Single-Family 66.0
Townhomes 6.3
Small Apt. Buildings 0.1
Apt. Complexes 22.0
Mobile Homes 5.2
Other 0.3

Home Size

SIZE OF Sartell HOMES
No Bedroom 0.39
1 Bedroom 7.66
2 Bedrooms 26.18
3 Bedrooms 33.93
4 Bedrooms 25.38
5 or more bedrooms 6.45

Sartell Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
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
28.98% 1.51% 3 3
* 10 is highest