Staples, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Staples Neighborhoods Since 2000




Staples, 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

Staples Housing Market Information

With 2,885 people, 1,226 houses or apartments, and a median cost of homes of $114,060, house prices in Staples are solidly below the national average.

Single-family detached homes are the single most common housing type in Staples, accounting for 71.90% of the city's housing units. Other types of housing that are prevalent in Staples include large apartment complexes or high rise apartments ( 9.09%), mobile homes or trailers ( 8.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.19%).

People in Staples primarily live in small (one, two or no bedroom) single-family detached homes. Staples has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Staples 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 Staples built between 1940-1969 ( 32.08%). A lesser amount of the housing stock also hails from before 1939 ( 26.90%). There's also some housing in Staples built between 2000 and later ( 3.01%).

Staples Home Appreciation Rates

Real estate appreciation rates in Staples's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.12% during the period.

NeighborhoodScout's data show that during the latest twelve months, Staples's appreciation rate, at 3.42%, has been at or slightly above the national average. In the latest quarter, Staples's appreciation rate has been -0.47%, which annualizes to a rate of -1.86%.

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

Average Home Values

 

Median Home Value:
$114,060

Staples, MN HOME PRICES

Value Range
> $1,089,000 0.4
$816,001 - $1,089,000 0.0
$544,001 - $816,000 0.2
$435,001 - $544,000 0.6
$327,001 - $435,000 4.1
$218,001 - $327,000 12.7
$109,001 - $218,000 31.5
$54,001 - $109,000 33.0
$0 - $54,000 17.5

Very Low for MN
Low for Nation

Value Relative to Nation Value Relative to State
68.8972225477558 85.2156057494867

Number Of Homes And Apartments:
1,226

Staples 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
59.07% 2.73% 9 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$647 / per month

Homeownership Rate

Homeownership
Owners 59.50
Renters 40.50
Vacant 7.89

Housing Market Details

 

Age of Homes

AGE OF Staples HOMES
2000 or Newer 3.0
1970 - 1999 38.0
1940 - 1969 32.1
1939 or Older 26.9

Types of Homes

TYPE OF Staples HOMES
Single-Family 71.9
Townhomes 2.1
Small Apt. Buildings 8.2
Apt. Complexes 9.1
Mobile Homes 8.7
Other 0.0

Home Size

SIZE OF Staples HOMES
No Bedroom 3.01
1 Bedroom 10.82
2 Bedrooms 37.19
3 Bedrooms 24.34
4 Bedrooms 20.14
5 or more bedrooms 4.51

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Zip Codes in Staples, MN