2003 Appreciation Rates

2001-03 Home Sales and Median Prices

Twin Cities Region

Includes Single-Family, Townhouses, and Condominiums The median is the mid-point.
Half the homes sold for more, some for less.

Source:The St Paul Area Association of REALTORS, the North Metro REALTORS Association, the Southern Twin Cities Association of REALTORS, Minneapolis Area Association of REALTORS andthe Regional Multiple Listing Service.

AREA
Sales 2003
Sales 2002
Sales 2001
Median 2003
Median 2002
Median 2001
Median Sale Price
% diff. ’02 to ’03
Median Sale Price
% diff. ’01 to ’02
300 – Mpls-Calhoun-Isles
489
455
412
$287,900
$292,000
$248,700
-1%
17%
301 – Mpls-Camden
749
697
654
$144,900
$130,000
$116,950
11%
11%
302 – Mpls-Central
374
380
281
$219,000
$233,000
$176,000
-6%
32%
303 – Mpls-Longfellow
412
397
432
$180,000
$169,900
$149,900
6%
13%
304 – Mpls-Nokomis
1,028
888
1,026
$195,000
$179,650
$162,000
9%
11%
305 – Mpls-North
417
428
415
$139,900
$121,950
$102,900
15%
19%
306 – Mpls-Northeast
504
505
519
$179,950
$162,000
$146,000
11%
11%
307 – Mpls-Phillips
85
62
72
$144,000
$129,950
$116,750
11%
11%
308 – Mpls-Powderhorn
358
350
363
$166,500
$157,000
$137,000
6%
15%
309 – Mpls-Southwest
1,025
909
915
$257,500
$237,000
$210,000
9%
13%
310 – Mpls-University
122
89
99
$210,500
$179,000
$170,000
18%
5%
340 – Buffalo
445
343
385
$185,810
$171,150
$156,500
9%
9%
341 – Wright County (Except Buffalo)
1,938
1805
1,651
$185,500
$175,625
$165,000
6%
6%
342 – Hutchinson
291
330
318
$140,750
$125,000
$121,350
13%
3%
343 – McLeod County
237
229
253
$127,000
$122,400
$119,500
4%
2%
360 – Robbinsdale
299
277
257
$177,000
$164,800
$150,000
7%
10%
361 – Crystal
401
407
424
$174,900
$163,000
$150,000
7%
9%
362 – New Hope
263
269
265
$201,400
$183,000
$167,500
10%
9%
363 – Brooklyn Center
567
436
452
$169,900
$157,800
$144,900
8%
9%
364 – Brooklyn Park
1,430
1331
1,319
$196,200
$178,500
$165,000
10%
8%
365 – Maple Grove/Osseo
1,432
1288
1,278
$212,000
$200,000
$185,000
6%
8%
366 – Champlin
549
434
427
$199,900
$183,700
$168,500
9%
9%
367 – Hennepin-North
239
395
457
$244,504
$221,000
$211,000
11%
5%
368 – Hennepin-Northwest
246
220
263
$359,950
$268,250
$238,800
34%
12%
370 – Sibley County
99
83
82
$123,900
$130,000
$97,510
-5%
33%
373 – Golden Valley
384
359
306
$225,900
$214,860
$192,350
5%
12%
374 – Plymouth
1,357
1260
1,168
$250,000
$239,900
$225,000
4%
7%
378 – Richfield
562
523
525
$195,150
$180,000
$162,000
8%
11%
379 – Bloomington-East
364
359
343
$194,900
$180,000
$164,000
8%
10%
380 – Bloomington-West
844
846
750
$220,000
$202,000
$189,000
9%
7%
381 – Lake Minnetonka
1,020
933
939
$349,950
$340,000
$297,500
3%
14%
385 – Edina
914
830
789
$295,500
$285,000
$269,000
4%
6%
386 – Hopkins
338
239
268
$175,000
$155,000
$141,200
13%
10%
387 – Minnetonka
811
796
741
$255,000
$241,750
$224,900
5%
7%
391 – Saint Louis Park
939
803
816
$199,000
$184,900
$164,800
8%
12%
392 – Eden Prairie
1,406
1274
1,240
$254,750
$239,700
$220,000
6%
9%
394 – Carver County
572
460
427
$200,000
$189,482
$180,000
6%
5%
396 – Chanhassen
508
467
429
$257,250
$259,900
$230,000
-1%
13%
397 – Chaska
475
398
359
$214,000
$207,700
$196,000
3%
6%
398 – Victoria
121
94
111
$325,000
$287,400
$269,500
13%
7%
AREA
Sales 2003
Sales 2002
Sales 2001
2003
2002
2001
Median Sale Price % diff. ’02
to ’03
Median Sale Price % diff. ’01
to ’02
600 – West St. Paul
265
256
246
$183,340
$165,250
$149,900
11%
10%
602 – South St. Paul
291
296
269
$175,000
$159,675
$143,900
10%
11%
604 – Mendota/Lilydale/Mendota Heights
146
153
127
$305,750
$262,000
$244,500
17%
7%
605 – Sunfish Lake
6
7
5
$672,000
$800,000
$480,000
-16%
67%
608 – Inver Grove Heights
490
410
434
$198,250
$186,750
$169,900
6%
10%
610 – Eagan
1,356
1191
1,216
$205,000
$192,000
$182,900
7%
5%
612 – Burnsville
1,170
1071
1,093
$208,450
$185,000
$167,000
13%
11%
614 – Apple Valley
1,197
1098
1,041
$197,700
$184,700
$174,900
7%
6%
616 – Rosemount
402
376
348
$217,950
$197,950
$180,500
10%
10%
617 – Hastings
372
319
243
$197,500
$180,000
$165,000
10%
9%
618 – Eastern Dakota County
8
22
26
$214,872
$225,500
$221,950
-5%
2%
624 – Farmington
613
517
486
$207,000
$195,900
$176,000
6%
11%
626 – Lakeville
1,106
940
933
$249,450
$239,900
$224,900
4%
7%
628 – Southern Dakota County
29
27
30
$260,000
$180,000
$207,000
44%
-13%
630 – Northfield
323
265
298
$187,500
$184,900
$174,000
1%
6%
632 – Rice County
419
334
329
$151,300
$145,750
$134,000
4%
9%
640 – Shakopee
761
675
613
$189,000
$177,755
$169,800
6%
5%
642 – Prior Lake
628
506
450
$255,000
$244,950
$223,650
4%
10%
644 – Savage
576
561
562
$234,900
$227,000
$212,950
3%
7%
646 – Jordan
87
89
95
$219,900
$182,000
$174,000
21%
5%
648 – New Prague
318
278
267
$205,950
$195,000
$179,900
6%
8%
650 – Belle Plaine
210
144
155
$180,000
$172,300
$160,000
4%
8%
658 – Lesueur County
197
174
165
$135,900
$121,500
$114,900
12%
6%
660 – Goodhue County
453
402
382
$153,000
$141,200
$140,750
8%
0%
AREA
Sales 2003
Sales 2002
Sales 2001
2003
2002
2001
Median Sale Price % diff. ’02
to ’03
Median Sale Price % diff. ’01
to ’02
702 – Falcon Heights/Lauderdale/Roseville
524
408
461
$212,000
$194,000
$175,000
9%
11%
705 – Lino Lakes/Hugo/Centerville
636
691
779
$225,000
$216,500
$201,065
4%
8%
706 – North Central Surburban
437
388
381
$210,000
$194,000
$176,900
8%
10%
707 – Ham Lake
205
192
226
$298,000
$252,185
$222,589
18%
13%
708 – White Bear Area
818
751
762
$223,500
$199,900
$179,900
12%
11%
709 – Forest Lake Area
565
415
458
$224,000
$209,900
$183,000
7%
15%
710 – Northeast Anoka County
102
121
110
$225,900
$223,000
$176,450
1%
26%
711 – Southern Chisago County
787
717
779
$195,387
$179,000
$160,000
9%
12%
712 – Maplewood/North St. Paul
643
599
607
$189,900
$180,940
$160,950
5%
12%
713 – Bethel
210
164
185
$217,421
$199,900
$182,000
9%
10%
714 – Phalen
410
414
459
$155,900
$139,900
$126,500
11%
11%
716 – Hillcrest/Hazel Park/Daytons Bluff
801
765
788
$157,900
$143,000
$129,900
10%
10%
720 – Southeast St. Paul
178
147
146
$175,000
$173,000
$150,000
1%
15%
721 – Lakeland/Afton/Denmark
96
95
73
$293,750
$260,000
$250,000
13%
4%
722 – Newport/St. Paul Park/Cottage Grove
705
639
691
$194,900
$179,900
$164,900
8%
9%
725 – Pine Springs/Lake Elmo/Oakdale
600
554
541
$199,900
$189,950
$177,000
5%
7%
726 – Woodbury
1,269
1314
1,139
$245,000
$227,250
$210,000
8%
8%
727 – Stillwater/Bayport
564
564
562
$260,950
$235,500
$224,950
11%
5%
728 – Riverview/Cherokee
200
184
136
$156,924
$145,000
$130,000
8%
12%
738 – Home Croft/W 7th
127
107
113
$167,500
$149,784
$129,000
12%
16%
740 – Crocus Hill
290
293
240
$235,000
$202,000
$189,950
16%
6%
741 – Downtown StPaul/Capital Heights
284
117
62
$138,600
$144,900
$110,950
-4%
31%
742 – Central
383
335
357
$138,000
$121,900
$108,000
13%
13%
744 – Como
340
313
292
$183,750
$177,000
$160,000
4%
11%
746 – St. Anthony/Midway
258
216
238
$172,711
$158,975
$145,000
9%
10%
748 – Town & Country/Merriam Park
125
149
143
$245,000
$225,000
$185,500
9%
21%
750 – Mac/Groveland/River Road Area
305
292
296
$245,000
$219,900
$199,900
11%
10%
752 – Highland Area
342
328
315
$246,450
$224,250
$204,900
10%
9%
754 – Big Lake Township
377
323
279
$178,000
$164,000
$152,000
9%
8%
756 – Elk River
502
441
360
$205,000
$184,000
$173,678
11%
6%
758 – Northwestern Anoka County
432
357
298
$199,428
$185,000
$170,125
8%
9%
760 – Ramsey
454
390
358
$209,250
$179,900
$170,350
16%
6%
762 – Andover
535
526
559
$229,450
$222,550
$196,000
3%
14%
764 – Blaine
1,038
884
870
$189,000
$179,000
$164,000
6%
9%
765 – Arden Hills/Shoreview
591
493
549
$205,000
$195,000
$186,000
5%
5%
766 – Moundsvw/New Brightn/St.Anthny Vilg
468
443
470
$197,700
$187,000
$169,325
6%
10%
767 – Coon Rapids
1,390
1275
1,284
$177,900
$163,000
$147,900
9%
10%
768 – Fridley
403
368
330
$183,000
$169,900
$154,450
8%
10%
769 – Anoka
266
267
221
$174,900
$164,900
$150,900
6%
9%
770 – Hilltop/Columbia Heights
314
305
296
$183,000
$156,000
$142,000
17%
10%
771 – Spring Lake Park
104
87
85
$174,900
$163,250
$149,775
7%
9%
772 – Lexington/Circle Pines
137
119
110
$168,950
$155,000
$149,950
9%
3%
780 – Sherburne County
1,098
934
895
$180,500
$156,707
$147,000
15%
7%
782 – Isanti County
418
456
466
$175,000
$154,735
$142,269
13%
9%
783 – Cambridge
233
190
116
$169,900
$144,900
$134,104
17%
8%
784 – Northern Chisago County
116
122
89
$164,250
$146,440
$136,000
12%
8%