St. Francis, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating St. Francis Neighborhoods Since 2000




St. Francis, MN Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

St. Francis Housing Market Information

With 7,406 people, 2,568 houses or apartments, and a median cost of homes of $211,489, St. Francis real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in St. Francis, accounting for 71.52% of the city's housing units. Other types of housing that are prevalent in St. Francis include row houses and other attached homes ( 11.11%), mobile homes or trailers ( 10.68%), and a few large apartment complexes or high rise apartments ( 4.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. Francis. Owner-occupied housing accounts for 84.19% of St. Francis's homes, and 67.61% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in St. Francis 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. Francis built between 2000 and later ( 39.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.84%). There's also some housing in St. Francis built before 1939 ( 2.71%).

St. Francis Home Appreciation Rates

St. Francis's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in St. Francis during the period has been just -1.51%, which is lower than 80% of US communities.

Appreciation rates are so strong in St. Francis that despite a nationwide downturn in the housing market, St. Francis real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. Francis appreciation rates continue to be some of the highest in America, at 10.33%, which is higher than appreciation rates in 94.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. Francis. St. Francis appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

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

Average Home Values

 

Median Home Value:
$211,489

St. Francis, MN HOME PRICES

Value Range
> $1,274,000 0.0
$955,001 - $1,274,000 0.0
$636,001 - $955,000 0.2
$509,001 - $636,000 0.9
$382,001 - $509,000 3.5
$255,001 - $382,000 19.9
$127,001 - $255,000 57.8
$64,001 - $127,000 9.4
$0 - $64,000 8.3

High for MN
High for Nation

Value Relative to Nation Value Relative to State
29.585140044533 35.1129363449692

Number Of Homes And Apartments:
2,568

St. Francis Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
24.03% 1.26% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,149 / per month

Homeownership Rate

Homeownership
Owners 84.19
Renters 15.81
Vacant 7.06

Housing Market Details

 

Age of Homes

AGE OF St. Francis HOMES
2000 or Newer 40.0
1970 - 1999 50.5
1940 - 1969 6.8
1939 or Older 2.7

Types of Homes

TYPE OF St. Francis HOMES
Single-Family 71.5
Townhomes 11.1
Small Apt. Buildings 1.9
Apt. Complexes 4.8
Mobile Homes 10.7
Other 0.0

Home Size

SIZE OF St. Francis HOMES
No Bedroom 0.00
1 Bedroom 3.15
2 Bedrooms 25.81
3 Bedrooms 45.64
4 Bedrooms 21.97
5 or more bedrooms 3.44