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 9,592 people, 2,833 houses or apartments, and a median cost of homes of $509,224, Arden Hills real estate is some of the most expensive in Minnesota, although Arden Hills home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Arden Hills, accounting for 68.27% of the city's housing units. Other types of housing that are prevalent in Arden Hills include row houses and other attached homes ( 12.10%), large apartment complexes or high rise apartments ( 10.12%), and a few mobile homes or trailers ( 9.27%).
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 69.51% of Arden Hills's homes, and 71.51% 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 ( 27.85%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.21%). There's also some housing in Arden Hills built before 1939 ( 3.37%).
Real estate appreciation rates in Arden Hills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.90% during the period.
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 2.11%, 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 2.27%, which equates to an annual appreciation rate of 9.37%.
Relative to Minnesota, our data show that Arden Hills's latest annual appreciation rate is lower than 60% of the other cities and towns in Minnesota.
$509,224
for Minnesota
for nation
2,833
$2,478 / per month