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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 71,013, 3,132 total housing units (homes and apartments), and a median house value of $303,218, 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 50.12% of the city's housing units. Other types of housing that are prevalent in St. Cloud include single-family detached homes ( 31.76%), mobile homes or trailers ( 10.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.36%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
People in St. Cloud primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. St. Cloud has a mixture of owner-occupied and renter-occupied housing.
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 ( 18.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.30%). There's also some housing in St. Cloud built before 1939 ( 11.56%).
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 6.10% during the period.
NeighborhoodScout's data show that during the latest twelve months, St. Cloud's appreciation rate, at 7.04%, has been at or slightly above the national average. In the latest quarter, St. Cloud's appreciation rate has been 4.40%, which annualizes to a rate of 18.78%.
Importantly, NeighborhoodScout’s exclusive research found that St. Cloud's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Minnesota, our data show that St. Cloud's latest annual appreciation rate is lower than 50% 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.
$303,218
for Minnesota
for nation
3,132
$1,537 / per month