St. Francis, 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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

St. Francis, MN Housing Market Trends

With 7,916 people, 2,566 houses or apartments, and a median cost of homes of $270,179, 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 74.79% of the city's housing units. Other types of housing that are prevalent in St. Francis include mobile homes or trailers ( 10.68%), row houses and other attached homes ( 7.84%), and a few large apartment complexes or high rise apartments ( 5.83%).

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 87.14% of St. Francis's homes, and 65.97% 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 ( 41.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.28%). There's also some housing in St. Francis built before 1939 ( 2.99%).

St. Francis Home Appreciation Rates

In the last 10 years, St. Francis has experienced some of the highest home appreciation rates of any community in the nation. St. Francis real estate appreciated 67.92% over the last ten years, which is an average annual home appreciation rate of 5.32%, putting St. Francis in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, St. Francis definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, St. Francis appreciation rates have trailed the rest of the nation. In the last twelve months, St. Francis's appreciation rate has been 7.10%, 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. Francis were at 2.33%, which equates to an annual appreciation rate of 9.66%.

Relative to Minnesota, our data show that St. Francis's latest annual appreciation rate is lower than 70% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$270,179

St. Francis, MN HOME PRICES

> $1,254,000
0.2%
0.2%
$940,001 - $1,254,000
0.3%
0.3%
$627,001 - $940,000
0.2%
0.2%
$502,001 - $627,000
2.3%
2.3%
$376,001 - $502,000
9.4%
9.4%
$251,001 - $376,000
44.8%
44.8%
$125,001 - $251,000
29.8%
29.8%
$63,001 - $125,000
3.7%
3.7%
$0 - $63,000
9.4%
9.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for MN

Value Relative To Nation

Number Of Homes And Apartments:
2,566

St. Francis Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
54.66% 2.05%
1
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,505 / per month

Homeownership Rate

Owners
87.1%
87.1%
Renters
12.9%
12.9%
Vacant
4.1%
4.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
41.1%
41.1%
1970 - 1999
48.6%
48.6%
1940 - 1969
7.3%
7.3%
1939 or Older
3.0%
3.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
74.8%
74.8%
Townhomes
7.8%
7.8%
Small Apt. Buildings
0.9%
0.9%
Apt. Complexes
5.8%
5.8%
Mobile Homes
10.7%
10.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.8%
0.8%
1 Bedroom
4.1%
4.1%
2 Bedrooms
20.5%
20.5%
3 Bedrooms
44.0%
44.0%
4 Bedrooms
21.9%
21.9%
5 or more bedrooms
8.6%
8.6%
0.0% 100.0%
% OF HOMES