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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



St. Cloud, MN Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

St. Cloud, MN Housing Market Trends

With 69,568 people, 3,213 houses or apartments, and a median cost of homes of $294,761, St. Cloud real estate and house prices are near the national average for all cities and towns.

Large apartment complexes or high rise apartments are the single most common housing type in St. Cloud, accounting for 53.97% of the city's housing units. Other types of housing that are prevalent in St. Cloud include single-family detached homes ( 31.50%), mobile homes or trailers ( 8.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.52%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

St. Cloud is dominated by renter-occupied one, two, or no bedrooms apartments. 67.02% of St. Cloud's dwellings are rentals.

There is a lot of housing in St. Cloud 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 St. Cloud built between 1940-1969 ( 18.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.90%). There's also some housing in St. Cloud built before 1939 ( 13.02%).

St. Cloud Home Appreciation Rates

Real estate appreciation rates in St. Cloud's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.40% during the period.

Over the last year, St. Cloud appreciation rates have trailed the rest of the nation. In the last twelve months, St. Cloud's appreciation rate has been 3.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in St. Cloud were at -1.19%, which equates to an annual appreciation rate of -4.67%.

Notably, St. Cloud's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Minnesota, our data show that St. Cloud's latest annual appreciation rate is higher than 80% 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 St. Cloud differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in St. Cloud - 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 St. Cloud real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$294,761

St. Cloud, MN Home Prices
> $1,237,000
$928,001 - $1,237,000
$619,001 - $928,000
$495,001 - $619,000
$371,001 - $495,000
$247,001 - $371,000
$124,001 - $247,000
$62,001 - $124,000
$0 - $62,000
0.5%
0.5%
0.3%
0.3%
3.1%
3.1%
5.9%
5.9%
10.4%
10.4%
30.2%
30.2%
42.9%
42.9%
2.5%
2.5%
4.2%
4.2%
0% 100.0%
% of Homes
Average

for Minnesota

Average

for nation

Number of Homes And Apartments:

3,213

St. Cloud Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,574 / per month

Homeownership Rate

Owners
Renters
33.0%
33.0%
67.0%
67.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.7%
5.7%
94.3%
94.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.9%
14.9%
54.0%
54.0%
18.1%
18.1%
13.0%
13.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
31.5%
31.5%
2.1%
2.1%
3.5%
3.5%
54.0%
54.0%
8.9%
8.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
11.9%
11.9%
23.6%
23.6%
32.1%
32.1%
19.7%
19.7%
7.0%
7.0%
5.7%
5.7%
0% 100.0%
% of Homes