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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Minnetrista, 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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Minnetrista, MN Housing Market Trends

With a population of 4,333, 2,753 total housing units (homes and apartments), and a median house value of $753,917, Minnetrista house prices are not only among the most expensive in Minnesota, Minnetrista real estate also is some of the most expensive in all of America.

Minnetrista is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Minnetrista than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Minnetrista. Owner-occupied housing accounts for 95.64% of Minnetrista's homes, and 75.54% have either three or four bedrooms, which is average sized relative to America.

Minnetrista homes and real estate are some of the newest in America. 43.07% of Minnetrista's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Minnetrista real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.82%), and between 1940-1969 ( 17.95%). There's also some housing in Minnetrista built before 1939 ( 3.16%).

Minnetrista Home Appreciation Rates

Minnetrista's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Minnetrista during the period has been just 5.43%, which is lower than 70% of US communities.

Over the last year, Minnetrista appreciation rates have trailed the rest of the nation. In the last twelve months, Minnetrista's appreciation rate has been 3.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Minnetrista were at 2.27%, which equates to an annual appreciation rate of 9.37%.

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

Average Home Values

Median Home Value

$753,917

Minnetrista, MN Home Prices
> $1,300,000
$975,001 - $1,300,000
$650,001 - $975,000
$520,001 - $650,000
$390,001 - $520,000
$260,001 - $390,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
14.1%
14.1%
9.6%
9.6%
38.2%
38.2%
16.8%
16.8%
8.8%
8.8%
10.9%
10.9%
0.0%
0.0%
0.2%
0.2%
1.4%
1.4%
0% 100.0%
% of Homes
Very High

for Minnesota

Very High

for nation

Number of Homes And Apartments:

2,753

Minnetrista Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,298 / per month

Homeownership Rate

Owners
Renters
95.6%
95.6%
4.4%
4.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.4%
9.4%
90.6%
90.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
43.1%
43.1%
35.8%
35.8%
17.9%
17.9%
3.2%
3.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
98.0%
98.0%
2.0%
2.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
1.3%
1.3%
5.8%
5.8%
31.1%
31.1%
44.5%
44.5%
17.4%
17.4%
0% 100.0%
% of Homes

Popular Neighborhoods in Minnetrista

Zip Codes in Minnetrista, MN