Vadnais Heights, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Vadnais Heights, 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

Vadnais Heights Housing Market Information

With 13,266 people, 5,505 houses or apartments, and a median cost of homes of $251,414, Vadnais Heights real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Vadnais Heights, accounting for 54.16% of the city's housing units. Other types of housing that are prevalent in Vadnais Heights include row houses and other attached homes ( 24.68%), large apartment complexes or high rise apartments ( 13.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.37%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vadnais Heights. Owner-occupied housing accounts for 81.47% of Vadnais Heights's homes, and 54.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Vadnais Heights 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 Vadnais Heights built between 1940-1969 ( 11.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.49%). There's also some housing in Vadnais Heights built before 1939 ( 3.76%).

Vadnais Heights Home Appreciation Rates

Real estate appreciation rates in Vadnais Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.53% during the period.

Appreciation rates are so strong in Vadnais Heights that despite a nationwide downturn in the housing market, Vadnais Heights real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Vadnais Heights appreciation rates continue to be some of the highest in America, at 5.90%, which is higher than appreciation rates in 73.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Vadnais Heights. Vadnais Heights 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 Vadnais Heights's latest annual appreciation rate is higher than 70% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$251,414

Vadnais Heights, MN HOME PRICES

Value Range
> $1,154,000 0.4
$865,001 - $1,154,000 0.0
$577,001 - $865,000 4.4
$462,001 - $577,000 9.0
$346,001 - $462,000 9.0
$231,001 - $346,000 28.3
$115,001 - $231,000 34.7
$58,001 - $115,000 5.9
$0 - $58,000 8.4

High for MN
High for Nation

Value Relative to Nation Value Relative to State
22.3133716160788 20.1232032854209

Number Of Homes And Apartments:
5,505

Vadnais Heights 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
39.35% 1.94% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,259 / per month

Homeownership Rate

Homeownership
Owners 81.47
Renters 18.53
Vacant 1.82

Housing Market Details

 

Age of Homes

AGE OF Vadnais Heights HOMES
2000 or Newer 8.5
1970 - 1999 76.4
1940 - 1969 11.3
1939 or Older 3.8

Types of Homes

TYPE OF Vadnais Heights HOMES
Single-Family 54.2
Townhomes 24.7
Small Apt. Buildings 4.4
Apt. Complexes 13.9
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Vadnais Heights HOMES
No Bedroom 0.00
1 Bedroom 4.53
2 Bedrooms 36.26
3 Bedrooms 28.09
4 Bedrooms 26.57
5 or more bedrooms 4.55

Popular Neighborhoods in Vadnais Heights

Zip Codes in Vadnais Heights, MN