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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 13,801 people, 5,386 houses or apartments, and a median cost of homes of $270,849, Sauk Rapids real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Sauk Rapids, accounting for 63.83% of the city's housing units. Other types of housing that are prevalent in Sauk Rapids include large apartment complexes or high rise apartments ( 29.96%), duplexes, homes converted to apartments or other small apartment buildings ( 3.90%), and a few row houses and other attached homes ( 1.45%).
The most prevalent building size and type in Sauk Rapids are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.70% owning and 40.30% renting.
There is a lot of housing in Sauk Rapids 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 Sauk Rapids built between 2000 and later ( 30.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.65%). There's also some housing in Sauk Rapids built before 1939 ( 8.95%).
Real estate appreciation rates in Sauk Rapids's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.17% during the period.
Over the last year, Sauk Rapids appreciation rates have trailed the rest of the nation. In the last twelve months, Sauk Rapids's appreciation rate has been 3.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sauk Rapids were at 0.49%, which equates to an annual appreciation rate of 1.99%.
Notably, Sauk Rapids's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Minnesota, our data show that Sauk Rapids's latest annual appreciation rate is higher than 50% of the other cities and towns in Minnesota.
$270,849
for Minnesota
for nation
5,386
$1,547 / per month