Arden Hills, 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

Arden Hills, MN Housing Market Trends

With a population of 10,281, 3,123 total housing units (homes and apartments), and a median house value of $314,868, Arden Hills real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Arden Hills, accounting for 67.39% of the city's housing units. Other types of housing that are prevalent in Arden Hills include row houses and other attached homes ( 14.04%), large apartment complexes or high rise apartments ( 11.54%), and a few mobile homes or trailers ( 7.04%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arden Hills. Owner-occupied housing accounts for 68.10% of Arden Hills's homes, and 67.67% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arden Hills 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 Arden Hills built between 1940-1969 ( 29.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.07%). There's also some housing in Arden Hills built before 1939 ( 2.22%).

Arden Hills Home Appreciation Rates

In the last 10 years, Arden Hills has experienced some of the highest home appreciation rates of any community in the nation. Arden Hills real estate appreciated 71.65% over the last ten years, which is an average annual home appreciation rate of 5.55%, putting Arden Hills in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Arden Hills 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, Arden Hills appreciation rates have trailed the rest of the nation. In the last twelve months, Arden Hills's appreciation rate has been 8.22%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arden Hills were at 2.35%, which equates to an annual appreciation rate of 9.73%.

Relative to Minnesota, our data show that Arden Hills's latest annual appreciation rate is higher than 50% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$314,868

Arden Hills, MN HOME PRICES

> $1,250,000
1.3%
1.3%
$938,001 - $1,250,000
0.3%
0.3%
$625,001 - $938,000
7.7%
7.7%
$500,001 - $625,000
15.1%
15.1%
$375,001 - $500,000
23.1%
23.1%
$250,001 - $375,000
26.0%
26.0%
$125,001 - $250,000
17.9%
17.9%
$62,001 - $125,000
1.7%
1.7%
$0 - $62,000
6.9%
6.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for MN

Value Relative To Nation

Number Of Homes And Apartments:
3,123

Arden Hills 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
80.87% 2.79%
6
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,079 / per month

Homeownership Rate

Owners
68.1%
68.1%
Renters
31.9%
31.9%
Vacant
2.3%
2.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.1%
11.1%
1970 - 1999
56.8%
56.8%
1940 - 1969
29.9%
29.9%
1939 or Older
2.2%
2.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
67.4%
67.4%
Townhomes
14.0%
14.0%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
11.5%
11.5%
Mobile Homes
7.0%
7.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.3%
1.3%
1 Bedroom
5.2%
5.2%
2 Bedrooms
18.5%
18.5%
3 Bedrooms
40.5%
40.5%
4 Bedrooms
27.2%
27.2%
5 or more bedrooms
7.4%
7.4%
0.0% 100.0%
% OF HOMES