Stacy, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stacy Neighborhoods Since 2000




Stacy, 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

Stacy Housing Market Information

With a population of 1,470, 579 total housing units (homes and apartments), and a median house value of $236,535, Stacy real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Stacy, accounting for 55.78% of the city's housing units. Other types of housing that are prevalent in Stacy include mobile homes or trailers ( 32.66%), large apartment complexes or high rise apartments ( 5.70%), and a few row houses and other attached homes ( 4.86%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stacy. Owner-occupied housing accounts for 80.83% of Stacy's homes, and 55.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stacy 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 Stacy built between 2000 and later ( 25.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.54%). There's also some housing in Stacy built before 1939 ( 6.37%).

Stacy Home Appreciation Rates

Stacy's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stacy during the period has been just -1.72%, which is lower than 80% of US communities.

Appreciation rates are so strong in Stacy that despite a nationwide downturn in the housing market, Stacy real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stacy appreciation rates continue to be some of the highest in America, at 7.44%, which is higher than appreciation rates in 83.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stacy. Stacy 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 Stacy's latest annual appreciation rate is higher than 90% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$236,535

Stacy, MN HOME PRICES

Value Range
> $1,214,000 1.4
$910,001 - $1,214,000 0.0
$607,001 - $910,000 0.7
$485,001 - $607,000 2.7
$364,001 - $485,000 7.5
$242,001 - $364,000 34.6
$121,001 - $242,000 36.2
$61,001 - $121,000 5.2
$0 - $61,000 11.7

High for MN
High for Nation

Value Relative to Nation Value Relative to State
24.7099496074065 23.2032854209446

Number Of Homes And Apartments:
579

Stacy 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
22.76% 1.20% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,090 / per month

Homeownership Rate

Homeownership
Owners 80.83
Renters 19.17
Vacant 3.02

Housing Market Details

 

Age of Homes

AGE OF Stacy HOMES
2000 or Newer 25.5
1970 - 1999 60.6
1940 - 1969 7.5
1939 or Older 6.4

Types of Homes

TYPE OF Stacy HOMES
Single-Family 55.8
Townhomes 4.9
Small Apt. Buildings 1.0
Apt. Complexes 5.7
Mobile Homes 32.7
Other 0.0

Home Size

SIZE OF Stacy HOMES
No Bedroom 0.34
1 Bedroom 9.72
2 Bedrooms 29.82
3 Bedrooms 40.54
4 Bedrooms 14.91
5 or more bedrooms 4.69